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	$71,026	$71,026	$261,000
Remaining term (yrs)	10.4	10.4	30.0
Secondary amount	$0	$189,974	$0
Funding fee	$0	$0	$0
Note rate	6.000%	6.000%	7.400%
Blended rate	6.850%	7.687%	7.640%
1st payment	$761.15	$761.15	$1,807.11
2nd payment	$0.00	$1,266.49	$0.00
Taxes / mo	$98.25	$98.25	$98.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$89.93	$89.93	$52.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,099.32	$2,365.82	$2,107.56
Cash to close	$218,974	$29,000	$29,000