Travis Delly

(602) 883-2083
https://instagram.com
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$11,773$11,773$213,750
Remaining term (yrs)2.02.030.0
Secondary amount$0$201,977$0
Funding fee$0$0$0
Note rate6.770%6.770%7.400%
Blended rate7.620%7.743%7.640%
1st payment$488.10$488.10$1,479.96
2nd payment$0.00$1,304.44$0.00
Taxes / mo$87.83$87.83$87.83
Insurance / mo$150.00$150.00$150.00
MI / mo$53.20$53.20$42.75
HOA / mo$235.00$235.00$235.00
Total monthly$1,014.13$2,318.56$1,995.55
Cash to close$225,727$23,750$23,750