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	$25,503	$25,503	$319,500
Remaining term (yrs)	28.6	28.6	30.0
Secondary amount	$0	$293,997	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.694%	7.640%
1st payment	$163.50	$163.50	$2,212.15
2nd payment	$0.00	$1,898.73	$0.00
Taxes / mo	$366.83	$366.83	$366.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$11.86	$11.86	$63.90
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$692.19	$2,590.92	$2,792.89
Cash to close	$329,497	$35,500	$35,500