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	$169,394	$169,394	$198,000
Remaining term (yrs)	26.5	26.5	30.0
Secondary amount	$0	$28,606	$0
Funding fee	$0	$0	$0
Note rate	6.320%	6.320%	7.400%
Blended rate	6.870%	7.178%	7.640%
1st payment	$1,096.27	$1,096.27	$1,370.91
2nd payment	$0.00	$214.55	$0.00
Taxes / mo	$229.25	$229.25	$229.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$81.01	$81.01	$39.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,556.53	$1,771.07	$1,789.76
Cash to close	$50,606	$22,000	$22,000