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	$198,833	$198,833	$215,910
Remaining term (yrs)	27.6	27.6	30.0
Secondary amount	$0	$29,072	$0
Funding fee	$0	$0	$0
Note rate	7.220%	7.220%	7.400%
Blended rate	7.770%	8.294%	7.640%
1st payment	$1,384.09	$1,384.09	$1,494.92
2nd payment	$0.00	$287.69	$0.00
Taxes / mo	$63.08	$63.08	$63.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$93.27	$93.27	$43.18
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,690.44	$1,978.13	$1,751.18
Cash to close	$41,067	$11,995	$23,990