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	$37,781	$37,781	$198,000
Remaining term (yrs)	7.8	7.8	30.0
Secondary amount	$0	$160,219	$0
Funding fee	$0	$0	$0
Note rate	5.970%	5.970%	7.400%
Blended rate	6.820%	7.775%	7.640%
1st payment	$500.03	$500.03	$1,370.91
2nd payment	$0.00	$1,068.12	$0.00
Taxes / mo	$127.42	$127.42	$127.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$59.27	$59.27	$39.60
HOA / mo	$48.00	$48.00	$48.00
Total monthly	$884.71	$1,952.83	$1,735.93
Cash to close	$182,219	$22,000	$22,000