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	$9,075	$9,075	$198,000
Remaining term (yrs)	15.6	15.6	30.0
Secondary amount	$0	$188,925	$0
Funding fee	$0	$0	$0
Note rate	3.020%	3.020%	7.400%
Blended rate	3.870%	7.811%	7.640%
1st payment	$60.39	$60.39	$1,370.91
2nd payment	$0.00	$1,259.50	$0.00
Taxes / mo	$446.25	$446.25	$446.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$7.98	$7.98	$39.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$664.62	$1,924.12	$2,006.76
Cash to close	$210,925	$22,000	$22,000