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	$316,247	$316,247	$400,410
Remaining term (yrs)	27.4	27.4	30.0
Secondary amount	$0	$84,163	$0
Funding fee	$0	$0	$0
Note rate	6.620%	6.620%	7.400%
Blended rate	7.170%	7.555%	7.640%
1st payment	$2,083.78	$2,083.78	$2,772.36
2nd payment	$0.00	$631.23	$0.00
Taxes / mo	$208.42	$208.42	$208.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$149.23	$149.23	$80.08
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,591.43	$3,222.65	$3,210.86
Cash to close	$128,653	$44,490	$44,490