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	$234,649	$234,649	$252,000
Remaining term (yrs)	27.8	27.8	30.0
Secondary amount	$0	$31,351	$0
Funding fee	$0	$0	$0
Note rate	6.490%	6.490%	7.400%
Blended rate	7.040%	7.610%	7.640%
1st payment	$1,518.31	$1,518.31	$1,744.80
2nd payment	$0.00	$310.24	$0.00
Taxes / mo	$625.67	$625.67	$625.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$110.21	$110.21	$50.40
HOA / mo	$206.00	$206.00	$206.00
Total monthly	$2,610.19	$2,920.43	$2,776.87
Cash to close	$45,351	$14,000	$28,000