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$14,430$14,430$494,910
Remaining term (yrs)22.822.830.0
Secondary amount$0$480,480$0
Funding fee$0$0$0
Note rate5.250%5.250%7.400%
Blended rate6.100%7.702%7.640%
1st payment$90.32$90.32$3,426.66
2nd payment$0.00$3,103.10$0.00
Taxes / mo$458.25$458.25$458.25
Insurance / mo$166.67$166.67$166.67
MI / mo$11.07$11.07$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$726.31$3,829.41$4,150.56
Cash to close$535,470$54,990$54,990