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$79,980$79,980$283,410
Remaining term (yrs)16.016.030.0
Secondary amount$0$203,430$0
Funding fee$0$0$0
Note rate3.750%3.750%7.400%
Blended rate4.600%6.861%7.640%
1st payment$552.49$552.49$1,962.27
2nd payment$0.00$1,313.82$0.00
Taxes / mo$380.67$380.67$380.67
Insurance / mo$150.00$150.00$150.00
MI / mo$84.50$84.50$56.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,167.66$2,481.48$2,549.62
Cash to close$234,920$31,490$31,490