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	$28,403	$28,403	$157,500
Remaining term (yrs)	12.7	12.7	30.0
Secondary amount	$0	$129,097	$0
Funding fee	$0	$0	$0
Note rate	6.000%	6.000%	7.400%
Blended rate	6.850%	7.793%	7.640%
1st payment	$264.91	$264.91	$1,090.50
2nd payment	$0.00	$860.65	$0.00
Taxes / mo	$47.83	$47.83	$47.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$31.30	$31.30	$31.50
HOA / mo	$195.00	$195.00	$195.00
Total monthly	$689.04	$1,549.68	$1,514.83
Cash to close	$146,597	$17,500	$17,500