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$133,094$133,094$342,000
Remaining term (yrs)20.020.030.0
Secondary amount$0$208,906$0
Funding fee$0$0$0
Note rate3.430%3.430%7.400%
Blended rate4.280%6.400%7.640%
1st payment$764.89$764.89$2,367.94
2nd payment$0.00$1,349.19$0.00
Taxes / mo$222.17$222.17$222.17
Insurance / mo$150.00$150.00$150.00
MI / mo$121.71$121.71$68.40
HOA / mo$28.50$28.50$28.50
Total monthly$1,287.27$2,636.46$2,837.01
Cash to close$246,906$38,000$38,000