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	$51,450	$51,450	$153,000
Remaining term (yrs)	8.0	8.0	30.0
Secondary amount	$0	$101,550	$0
Funding fee	$0	$0	$0
Note rate	6.750%	6.750%	7.400%
Blended rate	7.600%	7.865%	7.640%
1st payment	$689.66	$689.66	$1,059.34
2nd payment	$0.00	$677.00	$0.00
Taxes / mo	$31.83	$31.83	$31.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$75.32	$75.32	$30.60
HOA / mo	$85.00	$85.00	$85.00
Total monthly	$1,031.81	$1,708.81	$1,356.77
Cash to close	$118,550	$17,000	$17,000