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	$47,803	$47,803	$306,000
Remaining term (yrs)	37.5	37.5	30.0
Secondary amount	$0	$258,197	$0
Funding fee	$0	$0	$0
Note rate	6.880%	6.880%	7.400%
Blended rate	7.430%	7.700%	7.640%
1st payment	$296.44	$296.44	$2,118.68
2nd payment	$0.00	$1,667.52	$0.00
Taxes / mo	$91.67	$91.67	$91.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$22.17	$22.17	$61.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$560.28	$2,227.81	$2,421.55
Cash to close	$292,197	$34,000	$34,000