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$350,438$350,438$364,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$34,312$0
Funding fee$0$0$0
Note rate5.300%5.300%7.400%
Blended rate6.150%6.661%7.640%
1st payment$2,074.66$2,074.66$2,523.72
2nd payment$0.00$339.55$0.00
Taxes / mo$337.50$337.50$337.50
Insurance / mo$150.00$150.00$150.00
MI / mo$264.64$264.64$72.90
HOA / mo$510.00$510.00$510.00
Total monthly$3,336.80$3,676.34$3,594.12
Cash to close$54,562$20,250$40,500