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$57,702$57,702$270,000
Remaining term (yrs)5.55.530.0
Secondary amount$0$212,298$0
Funding fee$0$0$0
Note rate7.000%7.000%7.400%
Blended rate7.850%7.771%7.640%
1st payment$1,042.93$1,042.93$1,869.43
2nd payment$0.00$1,371.09$0.00
Taxes / mo$396.75$396.75$396.75
Insurance / mo$150.00$150.00$150.00
MI / mo$111.04$111.04$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,700.72$3,071.81$2,470.18
Cash to close$242,298$30,000$30,000