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$117,000$117,000$238,500
Remaining term (yrs)20.920.930.0
Secondary amount$0$121,500$0
Funding fee$0$0$0
Note rate3.900%3.900%7.400%
Blended rate4.750%6.406%7.640%
1st payment$680.79$680.79$1,651.33
2nd payment$0.00$810.00$0.00
Taxes / mo$247.92$247.92$247.92
Insurance / mo$150.00$150.00$150.00
MI / mo$102.24$102.24$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,180.95$1,990.95$2,096.94
Cash to close$148,000$26,500$26,500