Travis Delly

(602) 883-2083
https://instagram.com
UMe IDX
Call Travis

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$229,285$229,285$684,000
Remaining term (yrs)19.019.030.0
Secondary amount$0$454,715$0
Funding fee$0$0$0
Note rate2.390%2.390%7.400%
Blended rate3.240%6.238%7.640%
1st payment$1,243.57$1,243.57$4,735.88
2nd payment$0.00$2,936.70$0.00
Taxes / mo$322.42$322.42$322.42
Insurance / mo$216.67$216.67$216.67
MI / mo$198.80$198.80$136.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,981.44$4,918.15$5,411.76
Cash to close$530,715$76,000$76,000