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	$225,980	$225,980	$238,410
Remaining term (yrs)	26.5	26.5	30.0
Secondary amount	$0	$25,675	$0
Funding fee	$0	$0	$0
Note rate	6.390%	6.390%	7.400%
Blended rate	6.940%	7.443%	7.640%
1st payment	$1,472.48	$1,472.48	$1,650.70
2nd payment	$0.00	$254.08	$0.00
Taxes / mo	$545.18	$545.18	$545.18
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$108.01	$108.01	$47.68
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,275.66	$2,529.74	$2,393.56
Cash to close	$38,920	$13,245	$26,490