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	$154,380	$154,380	$328,500
Remaining term (yrs)	29.2	29.2	30.0
Secondary amount	$0	$174,120	$0
Funding fee	$0	$0	$0
Note rate	6.240%	6.240%	7.400%
Blended rate	6.790%	7.431%	7.640%
1st payment	$956.95	$956.95	$2,274.47
2nd payment	$0.00	$1,160.80	$0.00
Taxes / mo	$401.00	$401.00	$401.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$71.31	$71.31	$65.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,579.26	$2,740.06	$2,891.17
Cash to close	$210,620	$36,500	$36,500