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$289,500$289,500$328,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$39,000$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%4.373%7.640%
1st payment$1,348.68$1,348.68$2,274.47
2nd payment$0.00$292.50$0.00
Taxes / mo$437.00$437.00$437.00
Insurance / mo$150.00$150.00$150.00
MI / mo$229.52$229.52$65.70
HOA / mo$250.00$250.00$250.00
Total monthly$2,415.19$2,707.69$3,177.17
Cash to close$75,500$36,500$36,500