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	$214,964	$214,964	$265,500
Remaining term (yrs)	26.6	26.6	30.0
Secondary amount	$0	$50,536	$0
Funding fee	$0	$0	$0
Note rate	6.460%	6.460%	7.400%
Blended rate	7.010%	7.389%	7.640%
1st payment	$1,408.59	$1,408.59	$1,838.27
2nd payment	$0.00	$379.02	$0.00
Taxes / mo	$270.42	$270.42	$270.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$98.87	$98.87	$53.10
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,927.88	$2,306.90	$2,311.79
Cash to close	$80,036	$29,500	$29,500