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	$118,527	$118,527	$350,910
Remaining term (yrs)	38.8	38.8	30.0
Secondary amount	$0	$232,383	$0
Funding fee	$0	$0	$0
Note rate	6.670%	6.670%	7.400%
Blended rate	7.220%	7.571%	7.640%
1st payment	$712.33	$712.33	$2,429.63
2nd payment	$0.00	$1,500.81	$0.00
Taxes / mo	$573.50	$573.50	$573.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$54.63	$54.63	$70.18
HOA / mo	$10.00	$10.00	$10.00
Total monthly	$1,500.46	$3,001.27	$3,233.31
Cash to close	$271,373	$38,990	$38,990