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	$238,935	$238,935	$301,500
Remaining term (yrs)	26.4	26.4	30.0
Secondary amount	$0	$62,565	$0
Funding fee	$0	$0	$0
Note rate	6.270%	6.270%	7.400%
Blended rate	6.820%	7.272%	7.640%
1st payment	$1,542.55	$1,542.55	$2,087.53
2nd payment	$0.00	$469.24	$0.00
Taxes / mo	$295.82	$295.82	$295.82
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$114.58	$114.58	$60.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,102.95	$2,572.19	$2,593.64
Cash to close	$96,065	$33,500	$33,500