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$370,096$370,096$440,010
Remaining term (yrs)27.827.830.0
Secondary amount$0$69,914$0
Funding fee$0$0$0
Note rate6.950%6.950%7.400%
Blended rate7.500%7.738%7.640%
1st payment$2,505.47$2,505.47$3,046.54
2nd payment$0.00$524.35$0.00
Taxes / mo$603.41$603.41$603.41
Insurance / mo$166.67$166.67$166.67
MI / mo$173.48$173.48$88.00
HOA / mo$115.00$115.00$115.00
Total monthly$3,564.02$4,088.37$4,019.61
Cash to close$118,804$48,890$48,890