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	$359,335	$359,335	$373,500
Remaining term (yrs)	25.4	25.4	30.0
Secondary amount	$0	$34,915	$0
Funding fee	$0	$0	$0
Note rate	4.000%	4.000%	7.400%
Blended rate	4.850%	5.472%	7.640%
1st payment	$1,875.07	$1,875.07	$2,586.04
2nd payment	$0.00	$345.51	$0.00
Taxes / mo	$315.67	$315.67	$315.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$278.20	$278.20	$74.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,618.94	$2,964.45	$3,126.41
Cash to close	$55,665	$20,750	$41,500