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	$188,049	$188,049	$269,910
Remaining term (yrs)	26.4	26.4	30.0
Secondary amount	$0	$81,861	$0
Funding fee	$0	$0	$0
Note rate	6.120%	6.120%	7.400%
Blended rate	6.670%	7.377%	7.640%
1st payment	$1,196.36	$1,196.36	$1,868.80
2nd payment	$0.00	$613.96	$0.00
Taxes / mo	$322.67	$322.67	$322.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$90.29	$90.29	$53.98
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,759.31	$2,373.27	$2,395.45
Cash to close	$111,851	$29,990	$29,990