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	$89,173	$89,173	$112,500
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$29,577	$0
Funding fee	$0	$0	$0
Note rate	6.760%	6.760%	7.400%
Blended rate	7.310%	8.447%	7.640%
1st payment	$587.95	$587.95	$778.93
2nd payment	$0.00	$292.69	$0.00
Taxes / mo	$123.75	$123.75	$123.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$41.51	$41.51	$22.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$903.21	$1,195.90	$1,075.18
Cash to close	$35,827	$6,250	$12,500