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	$259,756	$259,756	$296,910
Remaining term (yrs)	27.2	27.2	30.0
Secondary amount	$0	$37,154	$0
Funding fee	$0	$0	$0
Note rate	7.620%	7.620%	7.400%
Blended rate	8.170%	8.274%	7.640%
1st payment	$1,885.96	$1,885.96	$2,055.74
2nd payment	$0.00	$278.66	$0.00
Taxes / mo	$589.83	$589.83	$589.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$122.18	$122.18	$59.38
HOA / mo	$131.00	$131.00	$131.00
Total monthly	$2,878.97	$3,157.63	$2,985.96
Cash to close	$70,144	$32,990	$32,990