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	$101,112	$101,112	$301,500
Remaining term (yrs)	20.6	20.6	30.0
Secondary amount	$0	$200,388	$0
Funding fee	$0	$0	$0
Note rate	4.230%	4.230%	7.400%
Blended rate	5.080%	6.855%	7.640%
1st payment	$610.69	$610.69	$2,087.53
2nd payment	$0.00	$1,294.17	$0.00
Taxes / mo	$181.42	$181.42	$181.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$88.14	$88.14	$60.30
HOA / mo	$48.33	$48.33	$48.33
Total monthly	$1,078.58	$2,372.76	$2,527.57
Cash to close	$233,888	$33,500	$33,500