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	$272,288	$272,288	$349,200
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$76,912	$0
Funding fee	$0	$0	$0
Note rate	6.780%	6.780%	7.400%
Blended rate	7.330%	7.698%	7.640%
1st payment	$1,820.44	$1,820.44	$2,417.79
2nd payment	$0.00	$576.84	$0.00
Taxes / mo	$80.83	$80.83	$80.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$128.25	$128.25	$69.84
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,179.52	$2,756.36	$2,718.46
Cash to close	$115,712	$38,800	$38,800