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	$225,765	$225,765	$350,100
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$124,335	$0
Funding fee	$0	$0	$0
Note rate	6.650%	6.650%	7.400%
Blended rate	7.200%	7.484%	7.640%
1st payment	$1,472.31	$1,472.31	$2,424.02
2nd payment	$0.00	$828.90	$0.00
Taxes / mo	$328.75	$328.75	$328.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$105.12	$105.12	$70.02
HOA / mo	$37.00	$37.00	$37.00
Total monthly	$2,093.17	$2,922.08	$3,009.79
Cash to close	$163,235	$38,900	$38,900