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$38,764$38,764$306,000
Remaining term (yrs)4.54.530.0
Secondary amount$0$267,236$0
Funding fee$0$0$0
Note rate7.500%7.500%7.400%
Blended rate8.350%7.826%7.640%
1st payment$822.54$822.54$2,118.68
2nd payment$0.00$1,725.90$0.00
Taxes / mo$131.83$131.83$131.83
Insurance / mo$150.00$150.00$150.00
MI / mo$83.33$83.33$61.20
HOA / mo$100.00$100.00$100.00
Total monthly$1,287.70$3,013.60$2,561.72
Cash to close$301,236$34,000$34,000