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	$240,133	$240,133	$256,500
Remaining term (yrs)	27.8	27.8	30.0
Secondary amount	$0	$30,617	$0
Funding fee	$0	$0	$0
Note rate	7.060%	7.060%	7.400%
Blended rate	7.610%	8.092%	7.640%
1st payment	$1,643.03	$1,643.03	$1,775.95
2nd payment	$0.00	$302.98	$0.00
Taxes / mo	$288.82	$288.82	$288.82
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$112.51	$112.51	$51.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,194.36	$2,497.34	$2,266.07
Cash to close	$44,867	$14,250	$28,500