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$189,210$189,210$630,000
Remaining term (yrs)12.912.930.0
Secondary amount$0$440,790$0
Funding fee$0$0$0
Note rate5.500%5.500%7.400%
Blended rate6.350%7.330%7.640%
1st payment$1,700.39$1,700.39$4,361.99
2nd payment$0.00$2,846.77$0.00
Taxes / mo$406.92$406.92$406.92
Insurance / mo$166.67$166.67$166.67
MI / mo$212.13$212.13$126.00
HOA / mo$15.75$15.75$15.75
Total monthly$2,501.85$5,348.62$5,077.33
Cash to close$510,790$70,000$70,000