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	$51,957	$51,957	$216,000
Remaining term (yrs)	28.3	28.3	30.0
Secondary amount	$0	$164,043	$0
Funding fee	$0	$0	$0
Note rate	6.840%	6.840%	7.400%
Blended rate	7.390%	7.853%	7.640%
1st payment	$345.96	$345.96	$1,495.54
2nd payment	$0.00	$1,093.62	$0.00
Taxes / mo	$443.25	$443.25	$443.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$24.22	$24.22	$43.20
HOA / mo	$187.00	$187.00	$187.00
Total monthly	$1,150.44	$2,244.06	$2,318.99
Cash to close	$188,043	$24,000	$24,000