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	$10,666	$10,666	$292,500
Remaining term (yrs)	27.0	27.0	30.0
Secondary amount	$0	$281,834	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.724%	7.640%
1st payment	$69.84	$69.84	$2,025.21
2nd payment	$0.00	$1,820.18	$0.00
Taxes / mo	$98.25	$98.25	$98.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$5.06	$5.06	$58.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$323.16	$2,143.33	$2,331.96
Cash to close	$314,334	$32,500	$32,500