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$304,770$304,770$517,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$212,730$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%5.394%7.640%
1st payment$1,423.01$1,423.01$3,583.07
2nd payment$0.00$1,373.88$0.00
Taxes / mo$280.50$280.50$280.50
Insurance / mo$166.67$166.67$166.67
MI / mo$242.17$242.17$103.50
HOA / mo$115.00$115.00$115.00
Total monthly$2,227.34$3,601.22$4,248.73
Cash to close$270,230$57,500$57,500