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$212,235$212,235$292,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$80,265$0
Funding fee$0$0$0
Note rate6.650%6.650%7.400%
Blended rate7.200%7.694%7.640%
1st payment$1,385.43$1,385.43$2,025.21
2nd payment$0.00$601.99$0.00
Taxes / mo$69.92$69.92$69.92
Insurance / mo$150.00$150.00$150.00
MI / mo$98.91$98.91$58.50
HOA / mo$70.00$70.00$70.00
Total monthly$1,774.26$2,376.25$2,373.63
Cash to close$112,765$32,500$32,500