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$65,893$65,893$233,910
Remaining term (yrs)11.011.030.0
Secondary amount$0$168,017$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.350%7.817%7.640%
1st payment$692.87$692.87$1,619.55
2nd payment$0.00$1,120.11$0.00
Taxes / mo$104.92$104.92$104.92
Insurance / mo$150.00$150.00$150.00
MI / mo$77.65$77.65$46.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,025.44$2,145.55$1,921.24
Cash to close$194,007$25,990$25,990