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	$258,575	$258,575	$322,200
Remaining term (yrs)	25.8	25.8	30.0
Secondary amount	$0	$63,625	$0
Funding fee	$0	$0	$0
Note rate	5.550%	5.550%	7.400%
Blended rate	6.400%	6.913%	7.640%
1st payment	$1,569.65	$1,569.65	$2,230.85
2nd payment	$0.00	$477.18	$0.00
Taxes / mo	$92.00	$92.00	$92.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$194.74	$194.74	$64.44
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,006.39	$2,483.57	$2,537.29
Cash to close	$99,425	$35,800	$35,800