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$397,462$397,462$405,000
Remaining term (yrs)28.728.730.0
Secondary amount$0$30,038$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.547%7.640%
1st payment$2,589.71$2,589.71$2,804.14
2nd payment$0.00$297.25$0.00
Taxes / mo$494.33$494.33$494.33
Insurance / mo$150.00$150.00$150.00
MI / mo$184.51$184.51$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,418.55$3,715.81$3,529.47
Cash to close$52,538$22,500$45,000