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	$274,655	$274,655	$319,500
Remaining term (yrs)	25.8	25.8	30.0
Secondary amount	$0	$44,845	$0
Funding fee	$0	$0	$0
Note rate	5.230%	5.230%	7.400%
Blended rate	6.080%	6.490%	7.640%
1st payment	$1,614.55	$1,614.55	$2,212.15
2nd payment	$0.00	$336.34	$0.00
Taxes / mo	$190.50	$190.50	$190.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$207.57	$207.57	$63.90
HOA / mo	$44.00	$44.00	$44.00
Total monthly	$2,206.62	$2,542.96	$2,660.55
Cash to close	$80,345	$35,500	$35,500