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	$246,907	$246,907	$264,600
Remaining term (yrs)	26.7	26.7	30.0
Secondary amount	$0	$32,393	$0
Funding fee	$0	$0	$0
Note rate	6.790%	6.790%	7.400%
Blended rate	7.340%	7.866%	7.640%
1st payment	$1,668.23	$1,668.23	$1,832.04
2nd payment	$0.00	$320.55	$0.00
Taxes / mo	$257.33	$257.33	$257.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$117.40	$117.40	$52.92
HOA / mo	$12.00	$12.00	$12.00
Total monthly	$2,204.97	$2,525.52	$2,304.29
Cash to close	$47,093	$14,700	$29,400