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	$154,765	$154,765	$189,000
Remaining term (yrs)	26.3	26.3	30.0
Secondary amount	$0	$34,235	$0
Funding fee	$0	$0	$0
Note rate	6.360%	6.360%	7.400%
Blended rate	7.210%	7.534%	7.640%
1st payment	$1,009.15	$1,009.15	$1,308.60
2nd payment	$0.00	$256.77	$0.00
Taxes / mo	$225.58	$225.58	$225.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$114.76	$114.76	$37.80
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,499.49	$1,756.26	$1,721.98
Cash to close	$55,235	$21,000	$21,000