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$214,661$214,661$297,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$82,339$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%5.205%7.640%
1st payment$1,009.11$1,009.11$2,056.37
2nd payment$0.00$617.54$0.00
Taxes / mo$87.52$87.52$87.52
Insurance / mo$150.00$150.00$150.00
MI / mo$171.73$171.73$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,418.37$2,035.91$2,353.29
Cash to close$115,339$33,000$33,000