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$499,357$499,357$540,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$40,643$0
Funding fee$0$0$0
Note rate5.220%5.220%7.400%
Blended rate6.070%6.291%7.640%
1st payment$2,923.64$2,923.64$3,738.85
2nd payment$0.00$304.82$0.00
Taxes / mo$236.00$236.00$236.00
Insurance / mo$166.67$166.67$166.67
MI / mo$376.29$376.29$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,702.60$4,007.42$4,249.52
Cash to close$100,643$60,000$60,000