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	$218,925	$218,925	$337,500
Remaining term (yrs)	27.6	27.6	30.0
Secondary amount	$0	$118,575	$0
Funding fee	$0	$0	$0
Note rate	7.440%	7.440%	7.400%
Blended rate	7.990%	7.994%	7.640%
1st payment	$1,556.01	$1,556.01	$2,336.78
2nd payment	$0.00	$790.50	$0.00
Taxes / mo	$138.82	$138.82	$138.82
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$102.60	$102.60	$67.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,947.42	$2,737.92	$2,693.10
Cash to close	$156,075	$37,500	$37,500