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	$156,531	$156,531	$220,500
Remaining term (yrs)	19.6	19.6	30.0
Secondary amount	$0	$63,969	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.616%	7.640%
1st payment	$1,174.28	$1,174.28	$1,526.70
2nd payment	$0.00	$479.77	$0.00
Taxes / mo	$204.17	$204.17	$204.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$72.19	$72.19	$44.10
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,600.63	$2,080.40	$1,924.96
Cash to close	$88,469	$24,500	$24,500