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$198,589$198,589$314,910
Remaining term (yrs)21.821.830.0
Secondary amount$0$116,321$0
Funding fee$0$0$0
Note rate4.500%4.500%7.400%
Blended rate5.350%6.329%7.640%
1st payment$1,188.99$1,188.99$2,180.37
2nd payment$0.00$775.47$0.00
Taxes / mo$587.92$587.92$587.92
Insurance / mo$150.00$150.00$150.00
MI / mo$166.22$166.22$62.98
HOA / mo$1.25$1.25$1.25
Total monthly$2,094.37$2,869.84$2,982.52
Cash to close$151,311$34,990$34,990