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	$230,063	$230,063	$252,000
Remaining term (yrs)	27.8	27.8	30.0
Secondary amount	$0	$35,937	$0
Funding fee	$0	$0	$0
Note rate	6.990%	6.990%	7.400%
Blended rate	7.540%	8.126%	7.640%
1st payment	$1,563.52	$1,563.52	$1,744.80
2nd payment	$0.00	$355.63	$0.00
Taxes / mo	$255.92	$255.92	$255.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$107.82	$107.82	$50.40
HOA / mo	$185.00	$185.00	$185.00
Total monthly	$2,262.26	$2,617.89	$2,386.11
Cash to close	$49,937	$14,000	$28,000