Travis Delly

(602) 883-2083
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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$87,836$87,836$256,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$168,664$0
Funding fee$0$0$0
Note rate2.810%2.810%7.400%
Blended rate3.660%6.514%7.640%
1st payment$418.63$418.63$1,775.95
2nd payment$0.00$1,124.43$0.00
Taxes / mo$532.58$532.58$532.58
Insurance / mo$150.00$150.00$150.00
MI / mo$72.07$72.07$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,173.28$2,297.71$2,509.84
Cash to close$197,164$28,500$28,500