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$298,240$298,240$391,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$93,260$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%5.062%7.640%
1st payment$1,414.37$1,414.37$2,710.67
2nd payment$0.00$699.45$0.00
Taxes / mo$540.44$540.44$540.44
Insurance / mo$150.00$150.00$150.00
MI / mo$238.24$238.24$78.30
HOA / mo$250.00$250.00$250.00
Total monthly$2,593.04$3,292.49$3,729.41
Cash to close$136,760$43,500$43,500