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$416,223$416,223$450,000
Remaining term (yrs)28.828.830.0
Secondary amount$0$33,777$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.520%7.640%
1st payment$2,758.67$2,758.67$3,115.71
2nd payment$0.00$253.33$0.00
Taxes / mo$621.94$621.94$621.94
Insurance / mo$166.67$166.67$166.67
MI / mo$192.96$192.96$90.00
HOA / mo$160.00$160.00$160.00
Total monthly$3,900.24$4,153.57$4,154.32
Cash to close$83,777$50,000$50,000