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	$132,713	$132,713	$386,400
Remaining term (yrs)	12.8	12.8	30.0
Secondary amount	$0	$253,687	$0
Funding fee	$0	$0	$0
Note rate	5.380%	5.380%	7.400%
Blended rate	6.230%	7.228%	7.640%
1st payment	$1,189.73	$1,189.73	$2,675.35
2nd payment	$0.00	$1,638.40	$0.00
Taxes / mo	$122.75	$122.75	$122.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$150.41	$150.41	$77.28
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,612.89	$3,251.29	$3,025.38
Cash to close	$296,620	$42,933	$42,933