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$54,811$54,811$258,300
Remaining term (yrs)16.016.030.0
Secondary amount$0$203,489$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%7.029%7.640%
1st payment$370.36$370.36$1,788.42
2nd payment$0.00$1,314.20$0.00
Taxes / mo$101.58$101.58$101.58
Insurance / mo$150.00$150.00$150.00
MI / mo$58.42$58.42$51.66
HOA / mo$115.00$115.00$115.00
Total monthly$795.37$2,109.57$2,206.66
Cash to close$232,189$28,700$28,700