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$87,460$87,460$427,500
Remaining term (yrs)16.016.030.0
Secondary amount$0$340,040$0
Funding fee$0$0$0
Note rate3.360%3.360%7.400%
Blended rate4.210%7.026%7.640%
1st payment$584.92$584.92$2,959.92
2nd payment$0.00$2,196.09$0.00
Taxes / mo$155.58$155.58$155.58
Insurance / mo$166.67$166.67$166.67
MI / mo$93.89$93.89$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,001.06$3,197.15$3,367.67
Cash to close$387,540$47,500$47,500