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	$420,864	$420,864	$584,999
Remaining term (yrs)	29.8	29.8	30.0
Secondary amount	$0	$164,135	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.317%	7.640%
1st payment	$2,662.55	$2,662.55	$4,050.42
2nd payment	$0.00	$1,094.23	$0.00
Taxes / mo	$541.67	$541.67	$541.67
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$193.07	$193.07	$117.00
HOA / mo	$273.00	$273.00	$273.00
Total monthly	$3,836.96	$4,931.19	$5,148.75
Cash to close	$229,135	$65,000	$65,000