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	$9,194	$9,194	$202,500
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$193,306	$0
Funding fee	$0	$0	$0
Note rate	6.600%	6.600%	7.400%
Blended rate	7.150%	7.961%	7.640%
1st payment	$63.25	$63.25	$1,402.07
2nd payment	$0.00	$1,288.71	$0.00
Taxes / mo	$270.81	$270.81	$270.81
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$4.32	$4.32	$40.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$488.37	$1,777.08	$1,863.38
Cash to close	$215,806	$22,500	$22,500