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$48,598$48,598$257,400
Remaining term (yrs)12.112.130.0
Secondary amount$0$208,802$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.350%7.674%7.640%
1st payment$480.35$480.35$1,782.19
2nd payment$0.00$1,348.51$0.00
Taxes / mo$170.00$170.00$170.00
Insurance / mo$150.00$150.00$150.00
MI / mo$53.83$53.83$51.48
HOA / mo$390.00$390.00$390.00
Total monthly$1,244.18$2,592.70$2,543.67
Cash to close$237,402$28,600$28,600