Travis Delly | UMe IDX

Travis Delly

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$313,777	$313,777	$364,500
Remaining term (yrs)	28.8	28.8	30.0
Secondary amount	$0	$50,723	$0
Funding fee	$0	$0	$0
Note rate	6.740%	6.740%	7.400%
Blended rate	7.290%	7.528%	7.640%
1st payment	$2,056.93	$2,056.93	$2,523.72
2nd payment	$0.00	$380.42	$0.00
Taxes / mo	$543.92	$543.92	$543.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$145.50	$145.50	$72.90
HOA / mo	$10.83	$10.83	$10.83
Total monthly	$2,907.18	$3,287.60	$3,301.37
Cash to close	$91,223	$40,500	$40,500