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	$278,437	$278,437	$337,500
Remaining term (yrs)	27.7	27.7	30.0
Secondary amount	$0	$59,063	$0
Funding fee	$0	$0	$0
Note rate	7.060%	7.060%	7.400%
Blended rate	7.610%	7.853%	7.640%
1st payment	$1,906.94	$1,906.94	$2,336.78
2nd payment	$0.00	$442.97	$0.00
Taxes / mo	$240.12	$240.12	$240.12
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$130.58	$130.58	$67.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,427.64	$2,870.62	$2,794.40
Cash to close	$96,563	$37,500	$37,500