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	$120,984	$120,984	$163,799
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$42,815	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.350%	7.781%	7.640%
1st payment	$825.88	$825.88	$1,134.11
2nd payment	$0.00	$321.11	$0.00
Taxes / mo	$210.83	$210.83	$210.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$90.42	$90.42	$32.76
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,277.13	$1,598.25	$1,527.71
Cash to close	$61,015	$18,200	$18,200