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$251,144$251,144$288,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$36,856$0
Funding fee$0$0$0
Note rate3.220%3.220%7.400%
Blended rate4.070%4.701%7.640%
1st payment$1,204.33$1,204.33$1,994.05
2nd payment$0.00$276.42$0.00
Taxes / mo$307.98$307.98$307.98
Insurance / mo$150.00$150.00$150.00
MI / mo$196.76$196.76$57.60
HOA / mo$74.00$74.00$74.00
Total monthly$1,933.06$2,209.48$2,583.63
Cash to close$68,856$32,000$32,000