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	$300,087	$300,087	$396,000
Remaining term (yrs)	27.3	27.3	30.0
Secondary amount	$0	$95,913	$0
Funding fee	$0	$0	$0
Note rate	6.620%	6.620%	7.400%
Blended rate	7.170%	7.613%	7.640%
1st payment	$1,979.42	$1,979.42	$2,741.82
2nd payment	$0.00	$719.35	$0.00
Taxes / mo	$427.17	$427.17	$427.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$141.76	$141.76	$79.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,698.35	$3,417.70	$3,398.19
Cash to close	$139,913	$44,000	$44,000