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	$70,180	$70,180	$405,000
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$334,820	$0
Funding fee	$0	$0	$0
Note rate	6.640%	6.640%	7.400%
Blended rate	7.190%	7.653%	7.640%
1st payment	$456.77	$456.77	$2,804.14
2nd payment	$0.00	$2,162.38	$0.00
Taxes / mo	$145.08	$145.08	$145.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$32.64	$32.64	$81.00
HOA / mo	$78.00	$78.00	$78.00
Total monthly	$862.50	$3,024.88	$3,258.22
Cash to close	$379,820	$45,000	$45,000