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	$57,117	$57,117	$288,000
Remaining term (yrs)	12.5	12.5	30.0
Secondary amount	$0	$230,883	$0
Funding fee	$0	$0	$0
Note rate	6.000%	6.000%	7.400%
Blended rate	6.850%	7.572%	7.640%
1st payment	$537.37	$537.37	$1,994.05
2nd payment	$0.00	$1,491.12	$0.00
Taxes / mo	$88.67	$88.67	$88.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$63.49	$63.49	$57.60
HOA / mo	$4.00	$4.00	$4.00
Total monthly	$843.53	$2,334.65	$2,294.32
Cash to close	$262,883	$32,000	$32,000