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	$150,181	$150,181	$405,000
Remaining term (yrs)	12.3	12.3	30.0
Secondary amount	$0	$254,819	$0
Funding fee	$0	$0	$0
Note rate	5.500%	5.500%	7.400%
Blended rate	6.350%	7.231%	7.640%
1st payment	$1,393.18	$1,393.18	$2,804.14
2nd payment	$0.00	$1,645.71	$0.00
Taxes / mo	$219.67	$219.67	$219.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$173.80	$173.80	$81.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,936.65	$3,582.36	$3,254.80
Cash to close	$299,819	$45,000	$45,000