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$44,137$44,137$494,100
Remaining term (yrs)5.15.130.0
Secondary amount$0$449,963$0
Funding fee$0$0$0
Note rate7.120%7.120%7.400%
Blended rate7.970%7.770%7.640%
1st payment$841.73$841.73$3,421.05
2nd payment$0.00$2,906.01$0.00
Taxes / mo$457.50$457.50$457.50
Insurance / mo$166.67$166.67$166.67
MI / mo$88.54$88.54$98.82
HOA / mo$600.00$600.00$600.00
Total monthly$2,154.43$5,060.44$4,744.04
Cash to close$504,863$54,900$54,900