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$261,590$261,590$292,500
Remaining term (yrs)29.729.730.0
Secondary amount$0$30,910$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.256%7.640%
1st payment$1,656.43$1,656.43$2,025.21
2nd payment$0.00$231.83$0.00
Taxes / mo$610.17$610.17$610.17
Insurance / mo$150.00$150.00$150.00
MI / mo$120.11$120.11$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,536.71$2,768.53$2,843.88
Cash to close$63,410$32,500$32,500