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	$11,999	$11,999	$396,000
Remaining term (yrs)	8.4	8.4	30.0
Secondary amount	$0	$384,001	$0
Funding fee	$0	$0	$0
Note rate	6.960%	6.960%	7.400%
Blended rate	7.510%	7.743%	7.640%
1st payment	$156.18	$156.18	$2,741.82
2nd payment	$0.00	$2,480.01	$0.00
Taxes / mo	$215.58	$215.58	$215.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$6.18	$6.18	$79.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$527.94	$3,007.94	$3,186.61
Cash to close	$428,001	$44,000	$44,000