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	$61,751	$61,751	$116,100
Remaining term (yrs)	13.6	13.6	30.0
Secondary amount	$0	$54,349	$0
Funding fee	$0	$0	$0
Note rate	4.970%	4.970%	7.400%
Blended rate	5.820%	7.309%	7.640%
1st payment	$517.32	$517.32	$803.85
2nd payment	$0.00	$407.62	$0.00
Taxes / mo	$107.50	$107.50	$107.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$68.49	$68.49	$23.22
HOA / mo	$254.00	$254.00	$254.00
Total monthly	$1,097.31	$1,504.93	$1,338.57
Cash to close	$67,249	$12,900	$12,900