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$373,902$373,902$405,000
Remaining term (yrs)26.926.930.0
Secondary amount$0$31,098$0
Funding fee$0$0$0
Note rate6.960%6.960%7.400%
Blended rate7.510%7.624%7.640%
1st payment$2,562.01$2,562.01$2,804.14
2nd payment$0.00$233.23$0.00
Taxes / mo$316.00$316.00$316.00
Insurance / mo$150.00$150.00$150.00
MI / mo$177.21$177.21$81.00
HOA / mo$28.33$28.33$28.33
Total monthly$3,233.56$3,466.79$3,379.47
Cash to close$76,098$45,000$45,000