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	$249,843	$249,843	$261,000
Remaining term (yrs)	28.4	28.4	30.0
Secondary amount	$0	$25,657	$0
Funding fee	$0	$0	$0
Note rate	6.950%	6.950%	7.400%
Blended rate	7.500%	7.907%	7.640%
1st payment	$1,680.14	$1,680.14	$1,807.11
2nd payment	$0.00	$253.90	$0.00
Taxes / mo	$270.86	$270.86	$270.86
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$116.33	$116.33	$52.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,217.33	$2,471.23	$2,280.17
Cash to close	$40,157	$14,500	$29,000