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	$106,502	$106,502	$351,000
Remaining term (yrs)	11.5	11.5	30.0
Secondary amount	$0	$244,498	$0
Funding fee	$0	$0	$0
Note rate	6.040%	6.040%	7.400%
Blended rate	6.890%	7.489%	7.640%
1st payment	$1,067.08	$1,067.08	$2,430.25
2nd payment	$0.00	$1,579.05	$0.00
Taxes / mo	$153.67	$153.67	$153.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$125.53	$125.53	$70.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,496.28	$3,075.33	$2,804.12
Cash to close	$283,498	$39,000	$39,000