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$221,150$221,150$494,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$272,950$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.593%7.640%
1st payment$1,481.17$1,481.17$3,421.05
2nd payment$0.00$1,762.80$0.00
Taxes / mo$286.67$286.67$286.67
Insurance / mo$166.67$166.67$166.67
MI / mo$103.60$103.60$98.82
HOA / mo$230.00$230.00$230.00
Total monthly$2,268.11$4,030.91$4,203.20
Cash to close$327,850$54,900$54,900