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$193,775$193,775$252,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$58,225$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%4.940%7.640%
1st payment$903.80$903.80$1,744.80
2nd payment$0.00$436.69$0.00
Taxes / mo$91.33$91.33$91.33
Insurance / mo$150.00$150.00$150.00
MI / mo$154.40$154.40$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,299.53$1,736.22$2,036.53
Cash to close$86,225$28,000$28,000