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	$251,076	$251,076	$292,500
Remaining term (yrs)	26.7	26.7	30.0
Secondary amount	$0	$41,424	$0
Funding fee	$0	$0	$0
Note rate	6.790%	6.790%	7.400%
Blended rate	7.340%	7.575%	7.640%
1st payment	$1,696.40	$1,696.40	$2,025.21
2nd payment	$0.00	$310.68	$0.00
Taxes / mo	$173.33	$173.33	$173.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$119.39	$119.39	$58.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,139.12	$2,449.80	$2,407.04
Cash to close	$73,924	$32,500	$32,500