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	$244,842	$244,842	$315,000
Remaining term (yrs)	26.3	26.3	30.0
Secondary amount	$0	$70,158	$0
Funding fee	$0	$0	$0
Note rate	6.810%	6.810%	7.400%
Blended rate	7.660%	7.958%	7.640%
1st payment	$1,666.67	$1,666.67	$2,181.00
2nd payment	$0.00	$526.18	$0.00
Taxes / mo	$191.03	$191.03	$191.03
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$180.90	$180.90	$63.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,188.60	$2,714.78	$2,585.03
Cash to close	$105,158	$35,000	$35,000