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	$231,199	$231,199	$288,000
Remaining term (yrs)	28.2	28.2	30.0
Secondary amount	$0	$56,801	$0
Funding fee	$0	$0	$0
Note rate	6.540%	6.540%	7.400%
Blended rate	7.090%	7.467%	7.640%
1st payment	$1,495.69	$1,495.69	$1,994.05
2nd payment	$0.00	$426.01	$0.00
Taxes / mo	$397.50	$397.50	$397.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$108.01	$108.01	$57.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,151.20	$2,577.21	$2,599.15
Cash to close	$88,801	$32,000	$32,000