Travis Delly

(602) 883-2083
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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$49,258$49,258$405,000
Remaining term (yrs)6.16.130.0
Secondary amount$0$355,742$0
Funding fee$0$0$0
Note rate5.920%5.920%7.400%
Blended rate6.770%7.631%7.640%
1st payment$787.35$787.35$2,804.14
2nd payment$0.00$2,297.50$0.00
Taxes / mo$282.67$282.67$282.67
Insurance / mo$150.00$150.00$150.00
MI / mo$93.82$93.82$81.00
HOA / mo$120.00$120.00$120.00
Total monthly$1,433.84$3,731.34$3,437.80
Cash to close$400,742$45,000$45,000