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	$242,877	$242,877	$323,100
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$80,223	$0
Funding fee	$0	$0	$0
Note rate	6.620%	6.620%	7.400%
Blended rate	7.170%	7.624%	7.640%
1st payment	$1,579.15	$1,579.15	$2,237.08
2nd payment	$0.00	$601.67	$0.00
Taxes / mo	$100.00	$100.00	$100.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$113.09	$113.09	$64.62
HOA / mo	$171.00	$171.00	$171.00
Total monthly	$2,113.25	$2,714.92	$2,722.70
Cash to close	$116,123	$35,900	$35,900