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$55,386$55,386$247,500
Remaining term (yrs)14.114.130.0
Secondary amount$0$192,114$0
Funding fee$0$0$0
Note rate4.350%4.350%7.400%
Blended rate5.200%7.373%7.640%
1st payment$435.15$435.15$1,713.64
2nd payment$0.00$1,280.76$0.00
Taxes / mo$50.83$50.83$50.83
Insurance / mo$150.00$150.00$150.00
MI / mo$61.92$61.92$49.50
HOA / mo$379.00$379.00$379.00
Total monthly$1,076.90$2,357.67$2,342.97
Cash to close$219,614$27,500$27,500