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	$218,478	$218,478	$267,750
Remaining term (yrs)	29.4	29.4	30.0
Secondary amount	$0	$49,272	$0
Funding fee	$0	$0	$0
Note rate	6.110%	6.110%	7.400%
Blended rate	6.660%	7.091%	7.640%
1st payment	$1,333.28	$1,333.28	$1,853.85
2nd payment	$0.00	$369.54	$0.00
Taxes / mo	$410.42	$410.42	$410.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$100.73	$100.73	$53.55
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,994.42	$2,363.96	$2,467.81
Cash to close	$79,022	$29,750	$29,750