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$391,000$391,000$513,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$122,000$0
Funding fee$0$0$0
Note rate3.760%3.760%7.400%
Blended rate4.610%5.416%7.640%
1st payment$1,984.75$1,984.75$3,551.91
2nd payment$0.00$813.34$0.00
Taxes / mo$384.42$384.42$384.42
Insurance / mo$166.67$166.67$166.67
MI / mo$303.20$303.20$102.60
HOA / mo$50.00$50.00$50.00
Total monthly$2,889.03$3,702.37$4,255.59
Cash to close$179,000$57,000$57,000