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	$105,505	$105,505	$359,910
Remaining term (yrs)	13.5	13.5	30.0
Secondary amount	$0	$254,405	$0
Funding fee	$0	$0	$0
Note rate	5.000%	5.000%	7.400%
Blended rate	5.850%	7.193%	7.640%
1st payment	$893.06	$893.06	$2,491.94
2nd payment	$0.00	$1,643.03	$0.00
Taxes / mo	$423.42	$423.42	$423.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$117.84	$117.84	$71.98
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,584.32	$3,227.35	$3,137.34
Cash to close	$294,395	$39,990	$39,990