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	$108,035	$108,035	$314,910
Remaining term (yrs)	11.7	11.7	30.0
Secondary amount	$0	$206,875	$0
Funding fee	$0	$0	$0
Note rate	6.370%	6.370%	7.400%
Blended rate	7.220%	7.568%	7.640%
1st payment	$1,085.16	$1,085.16	$2,180.37
2nd payment	$0.00	$1,336.07	$0.00
Taxes / mo	$144.75	$144.75	$144.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$123.27	$123.27	$62.98
HOA / mo	$37.00	$37.00	$37.00
Total monthly	$1,540.19	$2,876.25	$2,575.11
Cash to close	$241,865	$34,990	$34,990