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	$248,658	$248,658	$310,500
Remaining term (yrs)	26.2	26.2	30.0
Secondary amount	$0	$61,842	$0
Funding fee	$0	$0	$0
Note rate	6.810%	6.810%	7.400%
Blended rate	7.660%	7.927%	7.640%
1st payment	$1,694.56	$1,694.56	$2,149.84
2nd payment	$0.00	$463.82	$0.00
Taxes / mo	$61.67	$61.67	$61.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$183.93	$183.93	$62.10
HOA / mo	$90.00	$90.00	$90.00
Total monthly	$2,180.15	$2,643.97	$2,513.61
Cash to close	$96,342	$34,500	$34,500