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$255,538$255,538$351,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$95,462$0
Funding fee$0$0$0
Note rate7.070%7.070%7.400%
Blended rate7.620%7.995%7.640%
1st payment$1,765.69$1,765.69$2,430.25
2nd payment$0.00$715.97$0.00
Taxes / mo$341.54$341.54$341.54
Insurance / mo$150.00$150.00$150.00
MI / mo$120.79$120.79$70.20
HOA / mo$26.67$26.67$26.67
Total monthly$2,404.69$3,120.65$3,018.66
Cash to close$134,462$39,000$39,000