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	$15,009	$15,009	$351,900
Remaining term (yrs)	22.7	22.7	30.0
Secondary amount	$0	$336,891	$0
Funding fee	$0	$0	$0
Note rate	6.760%	6.760%	7.400%
Blended rate	7.310%	7.731%	7.640%
1st payment	$107.65	$107.65	$2,436.48
2nd payment	$0.00	$2,175.75	$0.00
Taxes / mo	$184.67	$184.67	$184.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$7.02	$7.02	$70.38
HOA / mo	$15.00	$15.00	$15.00
Total monthly	$464.33	$2,640.09	$2,856.53
Cash to close	$375,991	$39,100	$39,100