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	$15,000	$15,000	$458,996
Remaining term (yrs)	25.5	25.5	30.0
Secondary amount	$0	$443,996	$0
Funding fee	$0	$0	$0
Note rate	6.640%	6.640%	7.400%
Blended rate	7.190%	7.732%	7.640%
1st payment	$101.56	$101.56	$3,177.99
2nd payment	$0.00	$2,867.47	$0.00
Taxes / mo	$255.17	$255.17	$255.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$7.10	$7.10	$91.80
HOA / mo	$1.00	$1.00	$1.00
Total monthly	$531.49	$3,398.96	$3,692.62
Cash to close	$494,995	$51,000	$51,000