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	$261,561	$261,561	$300,600
Remaining term (yrs)	27.8	27.8	30.0
Secondary amount	$0	$39,039	$0
Funding fee	$0	$0	$0
Note rate	6.860%	6.860%	7.400%
Blended rate	7.410%	7.616%	7.640%
1st payment	$1,755.27	$1,755.27	$2,081.29
2nd payment	$0.00	$292.79	$0.00
Taxes / mo	$116.00	$116.00	$116.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$122.65	$122.65	$60.12
HOA / mo	$510.00	$510.00	$510.00
Total monthly	$2,653.92	$2,946.72	$2,917.41
Cash to close	$72,439	$33,400	$33,400