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	$25,096	$25,096	$179,910
Remaining term (yrs)	3.3	3.3	30.0
Secondary amount	$0	$154,814	$0
Funding fee	$0	$0	$0
Note rate	7.850%	7.850%	7.400%
Blended rate	8.700%	8.098%	7.640%
1st payment	$699.83	$699.83	$1,245.66
2nd payment	$0.00	$1,032.10	$0.00
Taxes / mo	$214.17	$214.17	$214.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$68.53	$68.53	$35.98
HOA / mo	$290.00	$290.00	$290.00
Total monthly	$1,422.52	$2,454.62	$1,935.81
Cash to close	$174,804	$19,990	$19,990