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	$240,371	$240,371	$269,910
Remaining term (yrs)	27.8	27.8	30.0
Secondary amount	$0	$29,539	$0
Funding fee	$0	$0	$0
Note rate	6.950%	6.950%	7.400%
Blended rate	7.500%	7.664%	7.640%
1st payment	$1,627.25	$1,627.25	$1,868.80
2nd payment	$0.00	$221.54	$0.00
Taxes / mo	$350.17	$350.17	$350.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$112.67	$112.67	$53.98
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,240.09	$2,461.64	$2,422.95
Cash to close	$59,529	$29,990	$29,990