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	$97,368	$97,368	$282,600
Remaining term (yrs)	38.0	38.0	30.0
Secondary amount	$0	$185,232	$0
Funding fee	$0	$0	$0
Note rate	6.770%	6.770%	7.400%
Blended rate	7.320%	7.766%	7.640%
1st payment	$594.79	$594.79	$1,956.67
2nd payment	$0.00	$1,234.88	$0.00
Taxes / mo	$383.33	$383.33	$383.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$45.08	$45.08	$56.52
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,173.20	$2,408.08	$2,546.52
Cash to close	$216,632	$31,400	$31,400