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	$14,993	$14,993	$229,500
Remaining term (yrs)	2.0	2.0	30.0
Secondary amount	$0	$214,507	$0
Funding fee	$0	$0	$0
Note rate	6.770%	6.770%	7.400%
Blended rate	7.620%	7.742%	7.640%
1st payment	$621.60	$621.60	$1,589.01
2nd payment	$0.00	$1,385.36	$0.00
Taxes / mo	$59.50	$59.50	$59.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$67.75	$67.75	$45.90
HOA / mo	$222.00	$222.00	$222.00
Total monthly	$1,120.85	$2,506.21	$2,066.41
Cash to close	$240,007	$25,500	$25,500