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$400,721$400,721$490,499
Remaining term (yrs)27.027.030.0
Secondary amount$0$89,778$0
Funding fee$0$0$0
Note rate7.490%7.490%7.400%
Blended rate8.040%8.216%7.640%
1st payment$2,880.00$2,880.00$3,396.12
2nd payment$0.00$673.33$0.00
Taxes / mo$486.93$486.93$486.93
Insurance / mo$166.67$166.67$166.67
MI / mo$188.97$188.97$98.10
HOA / mo$62.00$62.00$62.00
Total monthly$3,784.57$4,457.90$4,209.82
Cash to close$144,278$54,500$54,500