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$241,716$241,716$283,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$41,784$0
Funding fee$0$0$0
Note rate2.890%2.890%7.400%
Blended rate3.740%4.515%7.640%
1st payment$1,159.14$1,159.14$1,962.90
2nd payment$0.00$313.38$0.00
Taxes / mo$207.08$207.08$207.08
Insurance / mo$150.00$150.00$150.00
MI / mo$197.52$197.52$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,713.74$2,027.12$2,376.68
Cash to close$73,284$31,500$31,500