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	$84,518	$84,518	$300,600
Remaining term (yrs)	11.2	11.2	30.0
Secondary amount	$0	$216,082	$0
Funding fee	$0	$0	$0
Note rate	6.310%	6.310%	7.400%
Blended rate	7.160%	7.584%	7.640%
1st payment	$871.49	$871.49	$2,081.29
2nd payment	$0.00	$1,395.53	$0.00
Taxes / mo	$233.75	$233.75	$233.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$99.63	$99.63	$60.12
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,354.87	$2,750.40	$2,525.16
Cash to close	$249,482	$33,400	$33,400