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$74,124$74,124$377,910
Remaining term (yrs)16.016.030.0
Secondary amount$0$303,786$0
Funding fee$0$0$0
Note rate3.600%3.600%7.400%
Blended rate4.450%7.103%7.640%
1st payment$506.47$506.47$2,616.57
2nd payment$0.00$1,961.95$0.00
Taxes / mo$131.00$131.00$131.00
Insurance / mo$150.00$150.00$150.00
MI / mo$78.91$78.91$75.58
HOA / mo$28.00$28.00$28.00
Total monthly$894.38$2,856.34$3,001.15
Cash to close$345,776$41,990$41,990