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	$243,770	$243,770	$495,000
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$251,230	$0
Funding fee	$0	$0	$0
Note rate	6.940%	6.940%	7.400%
Blended rate	7.490%	7.622%	7.640%
1st payment	$1,655.21	$1,655.21	$3,427.28
2nd payment	$0.00	$1,622.52	$0.00
Taxes / mo	$195.50	$195.50	$195.50
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$114.72	$114.72	$99.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,132.10	$3,754.63	$3,888.45
Cash to close	$306,230	$55,000	$55,000