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	$244,388	$244,388	$333,000
Remaining term (yrs)	24.1	24.1	30.0
Secondary amount	$0	$88,612	$0
Funding fee	$0	$0	$0
Note rate	2.800%	2.800%	7.400%
Blended rate	3.650%	5.074%	7.640%
1st payment	$1,157.90	$1,157.90	$2,305.62
2nd payment	$0.00	$664.59	$0.00
Taxes / mo	$418.50	$418.50	$418.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$199.61	$199.61	$66.60
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,926.01	$2,590.60	$2,940.72
Cash to close	$125,612	$37,000	$37,000