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	$324,049	$324,049	$413,100
Remaining term (yrs)	27.2	27.2	30.0
Secondary amount	$0	$89,051	$0
Funding fee	$0	$0	$0
Note rate	6.950%	6.950%	7.400%
Blended rate	7.500%	7.823%	7.640%
1st payment	$2,209.13	$2,209.13	$2,860.22
2nd payment	$0.00	$667.88	$0.00
Taxes / mo	$385.42	$385.42	$385.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$152.96	$152.96	$82.62
HOA / mo	$36.00	$36.00	$36.00
Total monthly	$2,950.17	$3,618.05	$3,530.92
Cash to close	$134,951	$45,900	$45,900