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$262,252$262,252$337,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$75,248$0
Funding fee$0$0$0
Note rate2.810%2.810%7.400%
Blended rate3.660%4.851%7.640%
1st payment$1,232.12$1,232.12$2,336.78
2nd payment$0.00$564.36$0.00
Taxes / mo$111.08$111.08$111.08
Insurance / mo$150.00$150.00$150.00
MI / mo$212.13$212.13$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,705.33$2,269.69$2,665.37
Cash to close$112,748$37,500$37,500