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	$215,551	$215,551	$292,500
Remaining term (yrs)	28.1	28.1	30.0
Secondary amount	$0	$76,949	$0
Funding fee	$0	$0	$0
Note rate	6.720%	6.720%	7.400%
Blended rate	7.270%	7.725%	7.640%
1st payment	$1,421.11	$1,421.11	$2,025.21
2nd payment	$0.00	$577.12	$0.00
Taxes / mo	$161.25	$161.25	$161.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$100.73	$100.73	$58.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,833.09	$2,410.21	$2,394.96
Cash to close	$109,449	$32,500	$32,500