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	$245,405	$245,405	$270,000
Remaining term (yrs)	27.5	27.5	30.0
Secondary amount	$0	$39,595	$0
Funding fee	$0	$0	$0
Note rate	6.780%	6.780%	7.400%
Blended rate	7.330%	7.961%	7.640%
1st payment	$1,640.71	$1,640.71	$1,869.43
2nd payment	$0.00	$391.83	$0.00
Taxes / mo	$128.50	$128.50	$128.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$115.59	$115.59	$54.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,034.79	$2,426.62	$2,201.93
Cash to close	$54,595	$15,000	$30,000