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$240,162$240,162$258,300
Remaining term (yrs)27.427.430.0
Secondary amount$0$32,488$0
Funding fee$0$0$0
Note rate6.630%6.630%7.400%
Blended rate7.180%7.739%7.640%
1st payment$1,584.00$1,584.00$1,788.42
2nd payment$0.00$321.49$0.00
Taxes / mo$103.58$103.58$103.58
Insurance / mo$150.00$150.00$150.00
MI / mo$113.32$113.32$51.66
HOA / mo$148.00$148.00$148.00
Total monthly$2,098.91$2,420.40$2,241.66
Cash to close$46,838$14,350$28,700