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$422,212$422,212$477,000
Remaining term (yrs)26.826.830.0
Secondary amount$0$54,788$0
Funding fee$0$0$0
Note rate6.960%6.960%7.400%
Blended rate7.510%7.681%7.640%
1st payment$2,896.09$2,896.09$3,302.65
2nd payment$0.00$410.91$0.00
Taxes / mo$541.50$541.50$541.50
Insurance / mo$166.67$166.67$166.67
MI / mo$200.32$200.32$95.40
HOA / mo$42.00$42.00$42.00
Total monthly$3,846.57$4,257.48$4,148.22
Cash to close$107,788$53,000$53,000