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	$128,500	$128,500	$215,910
Remaining term (yrs)	11.7	11.7	30.0
Secondary amount	$0	$87,410	$0
Funding fee	$0	$0	$0
Note rate	7.000%	7.000%	7.400%
Blended rate	7.850%	8.316%	7.640%
1st payment	$1,333.37	$1,333.37	$1,494.92
2nd payment	$0.00	$655.57	$0.00
Taxes / mo	$250.33	$250.33	$250.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$141.96	$141.96	$43.18
HOA / mo	$395.00	$395.00	$395.00
Total monthly	$2,270.67	$2,926.24	$2,333.43
Cash to close	$111,400	$23,990	$23,990