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$18,192$18,192$306,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$287,808$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%7.517%7.640%
1st payment$88.50$88.50$2,118.68
2nd payment$0.00$1,858.76$0.00
Taxes / mo$490.17$490.17$490.17
Insurance / mo$150.00$150.00$150.00
MI / mo$14.59$14.59$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$743.26$2,602.02$2,820.05
Cash to close$321,808$34,000$34,000