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	$28,399	$28,399	$202,500
Remaining term (yrs)	6.5	6.5	30.0
Secondary amount	$0	$174,101	$0
Funding fee	$0	$0	$0
Note rate	5.860%	5.860%	7.400%
Blended rate	6.710%	7.819%	7.640%
1st payment	$429.69	$429.69	$1,402.07
2nd payment	$0.00	$1,160.67	$0.00
Taxes / mo	$276.33	$276.33	$276.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$51.54	$51.54	$40.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$907.56	$2,068.23	$1,868.90
Cash to close	$196,601	$22,500	$22,500