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	$115,730	$115,730	$215,100
Remaining term (yrs)	11.8	11.8	30.0
Secondary amount	$0	$99,370	$0
Funding fee	$0	$0	$0
Note rate	6.320%	6.320%	7.400%
Blended rate	7.170%	8.015%	7.640%
1st payment	$1,153.99	$1,153.99	$1,489.31
2nd payment	$0.00	$745.27	$0.00
Taxes / mo	$342.98	$342.98	$342.98
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$131.78	$131.78	$43.02
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,778.75	$2,524.03	$2,025.31
Cash to close	$123,270	$23,900	$23,900