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	$23,934	$23,934	$283,500
Remaining term (yrs)	5.0	5.0	30.0
Secondary amount	$0	$259,566	$0
Funding fee	$0	$0	$0
Note rate	6.580%	6.580%	7.400%
Blended rate	7.430%	7.723%	7.640%
1st payment	$456.42	$456.42	$1,962.90
2nd payment	$0.00	$1,676.36	$0.00
Taxes / mo	$68.42	$68.42	$68.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$50.73	$50.73	$56.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$725.56	$2,401.92	$2,238.01
Cash to close	$291,066	$31,500	$31,500