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	$439,802	$439,802	$450,000
Remaining term (yrs)	27.4	27.4	30.0
Secondary amount	$0	$35,198	$0
Funding fee	$0	$0	$0
Note rate	6.690%	6.690%	7.400%
Blended rate	7.240%	7.583%	7.640%
1st payment	$2,917.78	$2,917.78	$3,115.71
2nd payment	$0.00	$348.32	$0.00
Taxes / mo	$436.83	$436.83	$436.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$207.46	$207.46	$90.00
HOA / mo	$109.00	$109.00	$109.00
Total monthly	$3,837.74	$4,186.06	$3,918.21
Cash to close	$60,198	$25,000	$50,000