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	$187,822	$187,822	$202,500
Remaining term (yrs)	28.2	28.2	30.0
Secondary amount	$0	$25,928	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.635%	7.640%
1st payment	$1,210.21	$1,210.21	$1,402.07
2nd payment	$0.00	$256.58	$0.00
Taxes / mo	$141.50	$141.50	$141.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$87.76	$87.76	$40.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,589.46	$1,846.04	$1,734.07
Cash to close	$37,178	$11,250	$22,500