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$282,620$282,620$360,000
Remaining term (yrs)26.826.830.0
Secondary amount$0$77,380$0
Funding fee$0$0$0
Note rate6.710%6.710%7.400%
Blended rate7.260%7.634%7.640%
1st payment$1,892.87$1,892.87$2,492.57
2nd payment$0.00$580.35$0.00
Taxes / mo$197.00$197.00$197.00
Insurance / mo$150.00$150.00$150.00
MI / mo$134.31$134.31$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,374.18$2,954.53$2,911.57
Cash to close$117,380$40,000$40,000