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	$6,828	$6,828	$281,700
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$274,872	$0
Funding fee	$0	$0	$0
Note rate	7.030%	7.030%	7.400%
Blended rate	7.580%	7.746%	7.640%
1st payment	$48.82	$48.82	$1,950.43
2nd payment	$0.00	$1,775.22	$0.00
Taxes / mo	$167.50	$167.50	$167.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$3.24	$3.24	$56.34
HOA / mo	$4.00	$4.00	$4.00
Total monthly	$373.56	$2,148.78	$2,328.27
Cash to close	$306,172	$31,300	$31,300