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	$271,514	$271,514	$359,910
Remaining term (yrs)	26.4	26.4	30.0
Secondary amount	$0	$88,396	$0
Funding fee	$0	$0	$0
Note rate	6.360%	6.360%	7.400%
Blended rate	6.910%	7.423%	7.640%
1st payment	$1,768.27	$1,768.27	$2,491.94
2nd payment	$0.00	$662.97	$0.00
Taxes / mo	$228.50	$228.50	$228.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$130.11	$130.11	$71.98
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,276.88	$2,939.85	$2,942.42
Cash to close	$128,386	$39,990	$39,990