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$198,006$198,006$247,500
Remaining term (yrs)27.127.130.0
Secondary amount$0$49,494$0
Funding fee$0$0$0
Note rate7.570%7.570%7.400%
Blended rate8.120%8.296%7.640%
1st payment$1,432.31$1,432.31$1,713.64
2nd payment$0.00$371.21$0.00
Taxes / mo$578.50$578.50$578.50
Insurance / mo$150.00$150.00$150.00
MI / mo$93.25$93.25$49.50
HOA / mo$30.92$30.92$30.92
Total monthly$2,284.98$2,656.18$2,522.56
Cash to close$76,994$27,500$27,500