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	$196,553	$196,553	$220,500
Remaining term (yrs)	27.7	27.7	30.0
Secondary amount	$0	$36,197	$0
Funding fee	$0	$0	$0
Note rate	6.990%	6.990%	7.400%
Blended rate	7.540%	8.214%	7.640%
1st payment	$1,337.08	$1,337.08	$1,526.70
2nd payment	$0.00	$358.20	$0.00
Taxes / mo	$217.04	$217.04	$217.04
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$92.21	$92.21	$44.10
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,796.33	$2,154.53	$1,937.84
Cash to close	$48,447	$12,250	$24,500