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	$231,104	$231,104	$481,500
Remaining term (yrs)	28.7	28.7	30.0
Secondary amount	$0	$250,396	$0
Funding fee	$0	$0	$0
Note rate	6.760%	6.760%	7.400%
Blended rate	7.310%	7.539%	7.640%
1st payment	$1,519.44	$1,519.44	$3,333.81
2nd payment	$0.00	$1,617.14	$0.00
Taxes / mo	$403.33	$403.33	$403.33
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$107.26	$107.26	$96.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,196.70	$3,813.84	$4,000.11
Cash to close	$303,896	$53,500	$53,500