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	$242,338	$242,338	$324,000
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$81,662	$0
Funding fee	$0	$0	$0
Note rate	6.780%	6.780%	7.400%
Blended rate	7.330%	7.751%	7.640%
1st payment	$1,618.53	$1,618.53	$2,243.31
2nd payment	$0.00	$612.47	$0.00
Taxes / mo	$117.58	$117.58	$117.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$114.02	$114.02	$64.80
HOA / mo	$13.00	$13.00	$13.00
Total monthly	$2,013.14	$2,625.61	$2,588.69
Cash to close	$117,662	$36,000	$36,000