Travis Delly

(602) 883-2083
https://instagram.com
UMe IDX
Call Travis

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$57,537$57,537$315,000
Remaining term (yrs)5.85.830.0
Secondary amount$0$257,463$0
Funding fee$0$0$0
Note rate6.880%6.880%7.400%
Blended rate7.730%7.746%7.640%
1st payment$988.76$988.76$2,181.00
2nd payment$0.00$1,662.78$0.00
Taxes / mo$157.58$157.58$157.58
Insurance / mo$150.00$150.00$150.00
MI / mo$106.56$106.56$63.00
HOA / mo$79.00$79.00$79.00
Total monthly$1,481.90$3,144.69$2,630.58
Cash to close$292,463$35,000$35,000