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	$7,537	$7,537	$341,100
Remaining term (yrs)	18.5	18.5	30.0
Secondary amount	$0	$333,563	$0
Funding fee	$0	$0	$0
Note rate	6.810%	6.810%	7.400%
Blended rate	7.360%	7.741%	7.640%
1st payment	$59.66	$59.66	$2,361.71
2nd payment	$0.00	$2,154.26	$0.00
Taxes / mo	$236.75	$236.75	$236.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$3.58	$3.58	$68.22
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$449.99	$2,604.25	$2,816.68
Cash to close	$371,463	$37,900	$37,900