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	$116,587	$116,587	$225,000
Remaining term (yrs)	11.1	11.1	30.0
Secondary amount	$0	$108,413	$0
Funding fee	$0	$0	$0
Note rate	6.000%	6.000%	7.400%
Blended rate	6.850%	7.404%	7.640%
1st payment	$1,189.70	$1,189.70	$1,557.85
2nd payment	$0.00	$722.75	$0.00
Taxes / mo	$275.42	$275.42	$275.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$140.56	$140.56	$45.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,755.67	$2,478.42	$2,028.27
Cash to close	$133,413	$25,000	$25,000