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$101,122$101,122$265,500
Remaining term (yrs)9.99.930.0
Secondary amount$0$164,378$0
Funding fee$0$0$0
Note rate2.180%2.180%7.400%
Blended rate3.030%6.107%7.640%
1st payment$938.64$938.64$1,838.27
2nd payment$0.00$1,095.85$0.00
Taxes / mo$147.92$147.92$147.92
Insurance / mo$150.00$150.00$150.00
MI / mo$102.00$102.00$53.10
HOA / mo$495.00$495.00$495.00
Total monthly$1,833.55$2,929.40$2,684.29
Cash to close$193,878$29,500$29,500