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	$348,224	$348,224	$387,000
Remaining term (yrs)	27.4	27.4	30.0
Secondary amount	$0	$38,776	$0
Funding fee	$0	$0	$0
Note rate	6.690%	6.690%	7.400%
Blended rate	7.240%	7.416%	7.640%
1st payment	$2,310.22	$2,310.22	$2,679.51
2nd payment	$0.00	$290.82	$0.00
Taxes / mo	$148.75	$148.75	$148.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$164.26	$164.26	$77.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,773.23	$3,064.06	$3,055.66
Cash to close	$81,776	$43,000	$43,000