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	$109,602	$109,602	$306,000
Remaining term (yrs)	29.7	29.7	30.0
Secondary amount	$0	$196,398	$0
Funding fee	$0	$0	$0
Note rate	6.520%	6.520%	7.400%
Blended rate	7.070%	7.667%	7.640%
1st payment	$695.46	$695.46	$2,118.68
2nd payment	$0.00	$1,309.32	$0.00
Taxes / mo	$283.33	$283.33	$283.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$50.33	$50.33	$61.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,179.11	$2,488.44	$2,613.22
Cash to close	$230,398	$34,000	$34,000