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$224,009$224,009$279,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$54,991$0
Funding fee$0$0$0
Note rate5.000%5.000%7.400%
Blended rate5.850%6.471%7.640%
1st payment$1,290.43$1,290.43$1,931.74
2nd payment$0.00$412.43$0.00
Taxes / mo$281.73$281.73$281.73
Insurance / mo$150.00$150.00$150.00
MI / mo$170.27$170.27$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,892.44$2,304.87$2,419.27
Cash to close$85,991$31,000$31,000