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	$242,538	$242,538	$315,000
Remaining term (yrs)	27.7	27.7	30.0
Secondary amount	$0	$72,462	$0
Funding fee	$0	$0	$0
Note rate	7.060%	7.060%	7.400%
Blended rate	7.610%	7.930%	7.640%
1st payment	$1,661.08	$1,661.08	$2,181.00
2nd payment	$0.00	$543.46	$0.00
Taxes / mo	$423.67	$423.67	$423.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$113.74	$113.74	$63.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,348.49	$2,891.95	$2,817.66
Cash to close	$107,462	$35,000	$35,000