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	$128,580	$128,580	$152,100
Remaining term (yrs)	26.1	26.1	30.0
Secondary amount	$0	$31,970	$0
Funding fee	$0	$0	$0
Note rate	6.940%	6.940%	7.400%
Blended rate	7.790%	8.603%	7.640%
1st payment	$888.00	$888.00	$1,053.11
2nd payment	$0.00	$316.37	$0.00
Taxes / mo	$160.92	$160.92	$160.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$95.12	$95.12	$30.42
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,294.04	$1,610.41	$1,394.45
Cash to close	$40,420	$8,450	$16,900