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	$127,067	$127,067	$360,000
Remaining term (yrs)	39.0	39.0	30.0
Secondary amount	$0	$232,933	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.503%	7.640%
1st payment	$747.62	$747.62	$2,492.57
2nd payment	$0.00	$1,504.36	$0.00
Taxes / mo	$118.82	$118.82	$118.82
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$58.53	$58.53	$72.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,074.97	$2,579.33	$2,833.38
Cash to close	$272,933	$40,000	$40,000