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	$36,938	$36,938	$360,000
Remaining term (yrs)	3.4	3.4	30.0
Secondary amount	$0	$323,062	$0
Funding fee	$0	$0	$0
Note rate	8.360%	8.360%	7.400%
Blended rate	9.210%	7.900%	7.640%
1st payment	$1,017.45	$1,017.45	$2,492.57
2nd payment	$0.00	$2,086.44	$0.00
Taxes / mo	$161.50	$161.50	$161.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$94.95	$94.95	$72.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,423.90	$3,510.34	$2,876.07
Cash to close	$363,062	$40,000	$40,000