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	$332,814	$332,814	$517,500
Remaining term (yrs)	29.1	29.1	30.0
Secondary amount	$0	$184,686	$0
Funding fee	$0	$0	$0
Note rate	6.190%	6.190%	7.400%
Blended rate	6.740%	7.190%	7.640%
1st payment	$2,054.34	$2,054.34	$3,583.07
2nd payment	$0.00	$1,231.24	$0.00
Taxes / mo	$264.83	$264.83	$264.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$153.90	$153.90	$103.50
HOA / mo	$2.75	$2.75	$2.75
Total monthly	$2,642.49	$3,873.73	$4,120.82
Cash to close	$242,186	$57,500	$57,500