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	$285,651	$285,651	$544,500
Remaining term (yrs)	24.7	24.7	30.0
Secondary amount	$0	$258,849	$0
Funding fee	$0	$0	$0
Note rate	2.960%	2.960%	7.400%
Blended rate	3.810%	5.683%	7.640%
1st payment	$1,354.77	$1,354.77	$3,770.01
2nd payment	$0.00	$1,671.73	$0.00
Taxes / mo	$443.75	$443.75	$443.75
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$228.78	$228.78	$108.90
HOA / mo	$70.00	$70.00	$70.00
Total monthly	$2,263.97	$3,935.70	$4,559.32
Cash to close	$319,349	$60,500	$60,500