Travis Delly

(602) 883-2083
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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$240,130$240,130$328,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$88,370$0
Funding fee$0$0$0
Note rate6.240%6.240%7.400%
Blended rate6.790%7.385%7.640%
1st payment$1,491.48$1,491.48$2,274.47
2nd payment$0.00$662.77$0.00
Taxes / mo$333.33$333.33$333.33
Insurance / mo$150.00$150.00$150.00
MI / mo$111.14$111.14$65.70
HOA / mo$95.00$95.00$95.00
Total monthly$2,180.95$2,843.73$2,918.50
Cash to close$124,870$36,500$36,500