Travis Delly

(602) 883-2083
https://instagram.com
UMe IDX
Call Travis

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$157,555$157,555$292,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$134,945$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%5.711%7.640%
1st payment$735.64$735.64$2,025.21
2nd payment$0.00$899.63$0.00
Taxes / mo$259.93$259.93$259.93
Insurance / mo$150.00$150.00$150.00
MI / mo$125.19$125.19$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,270.76$2,170.40$2,493.64
Cash to close$167,445$32,500$32,500