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	$162,414	$162,414	$382,500
Remaining term (yrs)	11.6	11.6	30.0
Secondary amount	$0	$220,086	$0
Funding fee	$0	$0	$0
Note rate	5.880%	5.880%	7.400%
Blended rate	6.730%	7.317%	7.640%
1st payment	$1,597.96	$1,597.96	$2,648.35
2nd payment	$0.00	$1,421.39	$0.00
Taxes / mo	$177.75	$177.75	$177.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$191.24	$191.24	$76.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,116.95	$3,538.34	$3,052.60
Cash to close	$262,586	$42,500	$42,500