Travis Delly

(602) 883-2083
https://instagram.com
UMe IDX
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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$261,409$261,409$396,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$134,591$0
Funding fee$0$0$0
Note rate2.890%2.890%7.400%
Blended rate3.740%5.188%7.640%
1st payment$1,253.58$1,253.58$2,741.82
2nd payment$0.00$897.28$0.00
Taxes / mo$211.50$211.50$211.50
Insurance / mo$150.00$150.00$150.00
MI / mo$213.61$213.61$79.20
HOA / mo$102.00$102.00$102.00
Total monthly$1,930.68$2,827.96$3,284.52
Cash to close$178,591$44,000$44,000