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$244,124$244,124$342,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$97,876$0
Funding fee$0$0$0
Note rate2.740%2.740%7.400%
Blended rate3.590%5.138%7.640%
1st payment$1,140.93$1,140.93$2,367.94
2nd payment$0.00$734.07$0.00
Taxes / mo$50.83$50.83$50.83
Insurance / mo$150.00$150.00$150.00
MI / mo$198.22$198.22$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,539.98$2,274.05$2,637.17
Cash to close$135,876$38,000$38,000