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	$349,401	$349,401	$387,000
Remaining term (yrs)	28.0	28.0	30.0
Secondary amount	$0	$37,599	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.400%
Blended rate	7.050%	7.239%	7.640%
1st payment	$2,255.96	$2,255.96	$2,679.51
2nd payment	$0.00	$281.99	$0.00
Taxes / mo	$162.83	$162.83	$162.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$163.59	$163.59	$77.40
HOA / mo	$21.67	$21.67	$21.67
Total monthly	$2,754.06	$3,036.05	$3,091.41
Cash to close	$80,599	$43,000	$43,000