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$114,319$114,319$202,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$88,181$0
Funding fee$0$0$0
Note rate2.940%2.940%7.400%
Blended rate3.790%6.059%7.640%
1st payment$552.46$552.46$1,402.07
2nd payment$0.00$661.35$0.00
Taxes / mo$325.58$325.58$325.58
Insurance / mo$150.00$150.00$150.00
MI / mo$93.54$93.54$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,121.58$1,782.94$1,918.15
Cash to close$110,681$22,500$22,500