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	$28,014	$28,014	$206,910
Remaining term (yrs)	6.8	6.8	30.0
Secondary amount	$0	$178,896	$0
Funding fee	$0	$0	$0
Note rate	5.500%	5.500%	7.400%
Blended rate	6.350%	7.777%	7.640%
1st payment	$406.54	$406.54	$1,432.60
2nd payment	$0.00	$1,192.64	$0.00
Taxes / mo	$70.92	$70.92	$70.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$50.72	$50.72	$41.38
HOA / mo	$200.00	$200.00	$200.00
Total monthly	$878.17	$2,070.81	$1,894.90
Cash to close	$201,886	$22,990	$22,990