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$255,121$255,121$432,000
Remaining term (yrs)29.529.530.0
Secondary amount$0$176,879$0
Funding fee$0$0$0
Note rate6.000%6.000%7.400%
Blended rate6.550%7.144%7.640%
1st payment$1,537.31$1,537.31$2,991.08
2nd payment$0.00$1,179.19$0.00
Taxes / mo$400.00$400.00$400.00
Insurance / mo$166.67$166.67$166.67
MI / mo$117.52$117.52$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,221.50$3,400.69$3,644.15
Cash to close$224,879$48,000$48,000