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	$86,276	$86,276	$423,000
Remaining term (yrs)	26.5	26.5	30.0
Secondary amount	$0	$336,724	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.607%	7.640%
1st payment	$568.86	$568.86	$2,928.77
2nd payment	$0.00	$2,174.68	$0.00
Taxes / mo	$258.00	$258.00	$258.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$41.25	$41.25	$84.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,034.78	$3,209.45	$3,438.03
Cash to close	$383,724	$47,000	$47,000