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$111,416$111,416$395,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$284,494$0
Funding fee$0$0$0
Note rate3.620%3.620%7.400%
Blended rate4.470%6.827%7.640%
1st payment$592.62$592.62$2,741.20
2nd payment$0.00$1,837.36$0.00
Taxes / mo$158.17$158.17$158.17
Insurance / mo$150.00$150.00$150.00
MI / mo$92.10$92.10$79.18
HOA / mo$22.00$22.00$22.00
Total monthly$1,014.89$2,852.24$3,150.55
Cash to close$328,484$43,990$43,990