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$281,840$281,840$315,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$33,160$0
Funding fee$0$0$0
Note rate2.800%2.800%7.400%
Blended rate3.650%4.213%7.640%
1st payment$1,307.38$1,307.38$2,181.00
2nd payment$0.00$248.70$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$150.00$150.00$150.00
MI / mo$225.38$225.38$63.00
HOA / mo$23.33$23.33$23.33
Total monthly$2,205.26$2,453.96$2,916.49
Cash to close$68,160$35,000$35,000