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	$229,353	$229,353	$256,500
Remaining term (yrs)	25.7	25.7	30.0
Secondary amount	$0	$27,147	$0
Funding fee	$0	$0	$0
Note rate	5.090%	5.090%	7.400%
Blended rate	5.940%	6.264%	7.640%
1st payment	$1,331.28	$1,331.28	$1,775.95
2nd payment	$0.00	$203.60	$0.00
Taxes / mo	$255.83	$255.83	$255.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$173.88	$173.88	$51.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,910.98	$2,114.59	$2,233.09
Cash to close	$55,647	$28,500	$28,500