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	$260,948	$260,948	$315,000
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$54,052	$0
Funding fee	$0	$0	$0
Note rate	6.620%	6.620%	7.400%
Blended rate	7.170%	7.484%	7.640%
1st payment	$1,696.65	$1,696.65	$2,181.00
2nd payment	$0.00	$405.39	$0.00
Taxes / mo	$43.59	$43.59	$43.59
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$121.51	$121.51	$63.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,011.74	$2,417.13	$2,437.58
Cash to close	$89,052	$35,000	$35,000