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	$203,469	$203,469	$238,500
Remaining term (yrs)	27.8	27.8	30.0
Secondary amount	$0	$35,031	$0
Funding fee	$0	$0	$0
Note rate	6.870%	6.870%	7.400%
Blended rate	7.420%	7.652%	7.640%
1st payment	$1,366.77	$1,366.77	$1,651.33
2nd payment	$0.00	$262.73	$0.00
Taxes / mo	$166.58	$166.58	$166.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$95.41	$95.41	$47.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,778.76	$2,041.49	$2,015.61
Cash to close	$61,531	$26,500	$26,500