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	$100,004	$100,004	$368,100
Remaining term (yrs)	38.0	38.0	30.0
Secondary amount	$0	$268,096	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.560%	7.640%
1st payment	$591.52	$591.52	$2,548.65
2nd payment	$0.00	$1,731.45	$0.00
Taxes / mo	$298.25	$298.25	$298.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$46.31	$46.31	$73.62
HOA / mo	$275.00	$275.00	$275.00
Total monthly	$1,361.07	$3,092.53	$3,345.52
Cash to close	$308,996	$40,900	$40,900