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	$224,731	$224,731	$287,910
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$63,179	$0
Funding fee	$0	$0	$0
Note rate	6.630%	6.630%	7.400%
Blended rate	7.180%	7.579%	7.640%
1st payment	$1,462.63	$1,462.63	$1,993.43
2nd payment	$0.00	$473.85	$0.00
Taxes / mo	$360.78	$360.78	$360.78
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$104.64	$104.64	$57.58
HOA / mo	$180.00	$180.00	$180.00
Total monthly	$2,258.05	$2,731.90	$2,741.79
Cash to close	$95,169	$31,990	$31,990