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	$215,867	$215,867	$404,100
Remaining term (yrs)	28.3	28.3	30.0
Secondary amount	$0	$188,233	$0
Funding fee	$0	$0	$0
Note rate	6.850%	6.850%	7.400%
Blended rate	7.400%	7.679%	7.640%
1st payment	$1,438.79	$1,438.79	$2,797.91
2nd payment	$0.00	$1,254.89	$0.00
Taxes / mo	$324.33	$324.33	$324.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$100.64	$100.64	$80.82
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,013.76	$3,268.65	$3,353.06
Cash to close	$233,133	$44,900	$44,900