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	$183,230	$183,230	$297,000
Remaining term (yrs)	27.2	27.2	30.0
Secondary amount	$0	$113,770	$0
Funding fee	$0	$0	$0
Note rate	7.440%	7.440%	7.400%
Blended rate	7.990%	7.994%	7.640%
1st payment	$1,308.32	$1,308.32	$2,056.37
2nd payment	$0.00	$758.47	$0.00
Taxes / mo	$106.75	$106.75	$106.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$86.27	$86.27	$59.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,651.33	$2,409.80	$2,372.52
Cash to close	$146,770	$33,000	$33,000