Travis Delly

(602) 883-2083
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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$306,192$306,192$315,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$26,308$0
Funding fee$0$0$0
Note rate3.070%3.070%7.400%
Blended rate3.920%4.549%7.640%
1st payment$1,453.54$1,453.54$2,181.00
2nd payment$0.00$260.34$0.00
Taxes / mo$503.95$503.95$503.95
Insurance / mo$150.00$150.00$150.00
MI / mo$242.03$242.03$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,349.52$2,609.86$2,897.95
Cash to close$43,808$17,500$35,000