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$93,607$93,607$464,400
Remaining term (yrs)22.022.030.0
Secondary amount$0$370,793$0
Funding fee$0$0$0
Note rate4.500%4.500%7.400%
Blended rate5.350%7.266%7.640%
1st payment$557.96$557.96$3,215.41
2nd payment$0.00$2,394.70$0.00
Taxes / mo$177.08$177.08$177.08
Insurance / mo$166.67$166.67$166.67
MI / mo$78.00$78.00$92.88
HOA / mo$0.00$0.00$0.00
Total monthly$979.71$3,374.42$3,652.04
Cash to close$422,393$51,600$51,600