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	$159,210	$159,210	$391,410
Remaining term (yrs)	9.9	9.9	30.0
Secondary amount	$0	$232,200	$0
Funding fee	$0	$0	$0
Note rate	6.510%	6.510%	7.400%
Blended rate	7.360%	7.591%	7.640%
1st payment	$1,808.61	$1,808.61	$2,710.04
2nd payment	$0.00	$1,499.62	$0.00
Taxes / mo	$137.08	$137.08	$137.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$202.47	$202.47	$78.28
HOA / mo	$39.00	$39.00	$39.00
Total monthly	$2,337.16	$3,836.79	$3,114.41
Cash to close	$275,690	$43,490	$43,490