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$278,077$278,077$471,600
Remaining term (yrs)23.523.530.0
Secondary amount$0$193,523$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%5.848%7.640%
1st payment$1,441.38$1,441.38$3,265.26
2nd payment$0.00$1,290.15$0.00
Taxes / mo$593.92$593.92$593.92
Insurance / mo$166.67$166.67$166.67
MI / mo$227.37$227.37$94.32
HOA / mo$140.00$140.00$140.00
Total monthly$2,569.33$3,859.48$4,260.17
Cash to close$245,923$52,400$52,400