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	$199,530	$199,530	$283,500
Remaining term (yrs)	25.8	25.8	30.0
Secondary amount	$0	$83,970	$0
Funding fee	$0	$0	$0
Note rate	5.780%	5.780%	7.400%
Blended rate	6.630%	7.332%	7.640%
1st payment	$1,239.11	$1,239.11	$1,962.90
2nd payment	$0.00	$629.77	$0.00
Taxes / mo	$92.06	$92.06	$92.06
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$149.91	$149.91	$56.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,631.09	$2,260.86	$2,261.66
Cash to close	$115,470	$31,500	$31,500