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	$147,197	$147,197	$401,310
Remaining term (yrs)	27.8	27.8	30.0
Secondary amount	$0	$254,113	$0
Funding fee	$0	$0	$0
Note rate	6.870%	6.870%	7.400%
Blended rate	7.420%	7.629%	7.640%
1st payment	$988.77	$988.77	$2,778.59
2nd payment	$0.00	$1,641.15	$0.00
Taxes / mo	$233.33	$233.33	$233.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$69.02	$69.02	$80.26
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,441.12	$3,082.27	$3,242.18
Cash to close	$298,703	$44,590	$44,590