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	$314,482	$314,482	$468,000
Remaining term (yrs)	22.4	22.4	30.0
Secondary amount	$0	$153,518	$0
Funding fee	$0	$0	$0
Note rate	4.460%	4.460%	7.400%
Blended rate	5.310%	6.192%	7.640%
1st payment	$1,847.29	$1,847.29	$3,240.34
2nd payment	$0.00	$1,023.45	$0.00
Taxes / mo	$480.17	$480.17	$480.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$259.46	$259.46	$93.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,753.59	$3,777.04	$3,980.77
Cash to close	$205,518	$52,000	$52,000