Travis Delly

(602) 883-2083
https://instagram.com
UMe IDX
Call Travis

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$261,858$261,858$301,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$39,642$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%4.414%7.640%
1st payment$1,221.35$1,221.35$2,087.53
2nd payment$0.00$297.32$0.00
Taxes / mo$431.58$431.58$431.58
Insurance / mo$150.00$150.00$150.00
MI / mo$208.65$208.65$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,011.58$2,308.89$2,729.40
Cash to close$73,142$33,500$33,500