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	$197,519	$197,519	$211,499
Remaining term (yrs)	27.3	27.3	30.0
Secondary amount	$0	$25,730	$0
Funding fee	$0	$0	$0
Note rate	6.690%	6.690%	7.400%
Blended rate	7.240%	7.774%	7.640%
1st payment	$1,311.79	$1,311.79	$1,464.38
2nd payment	$0.00	$254.62	$0.00
Taxes / mo	$219.25	$219.25	$219.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$93.27	$93.27	$42.30
HOA / mo	$103.00	$103.00	$103.00
Total monthly	$1,877.31	$2,131.93	$1,978.93
Cash to close	$37,480	$11,750	$23,500