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$28,604$28,604$224,100
Remaining term (yrs)20.820.830.0
Secondary amount$0$195,496$0
Funding fee$0$0$0
Note rate6.710%6.710%7.400%
Blended rate7.260%7.906%7.640%
1st payment$212.32$212.32$1,551.62
2nd payment$0.00$1,303.31$0.00
Taxes / mo$514.95$514.95$514.95
Insurance / mo$150.00$150.00$150.00
MI / mo$13.91$13.91$44.82
HOA / mo$0.00$0.00$0.00
Total monthly$891.18$2,194.49$2,261.40
Cash to close$220,396$24,900$24,900