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	$53,274	$53,274	$283,410
Remaining term (yrs)	7.8	7.8	30.0
Secondary amount	$0	$230,136	$0
Funding fee	$0	$0	$0
Note rate	6.210%	6.210%	7.400%
Blended rate	7.060%	7.620%	7.640%
1st payment	$711.29	$711.29	$1,962.27
2nd payment	$0.00	$1,486.30	$0.00
Taxes / mo	$73.00	$73.00	$73.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$82.18	$82.18	$56.68
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,016.47	$2,502.76	$2,241.96
Cash to close	$261,626	$31,490	$31,490