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	$301,561	$301,561	$396,000
Remaining term (yrs)	23.7	23.7	30.0
Secondary amount	$0	$94,439	$0
Funding fee	$0	$0	$0
Note rate	3.230%	3.230%	7.400%
Blended rate	4.080%	5.253%	7.640%
1st payment	$1,513.18	$1,513.18	$2,741.82
2nd payment	$0.00	$708.29	$0.00
Taxes / mo	$389.50	$389.50	$389.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$246.90	$246.90	$79.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,299.58	$3,007.87	$3,360.52
Cash to close	$138,439	$44,000	$44,000