Travis Delly

(602) 883-2083
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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$76,231$76,231$225,000
Remaining term (yrs)18.018.030.0
Secondary amount$0$148,769$0
Funding fee$0$0$0
Note rate4.100%4.100%7.400%
Blended rate4.950%6.967%7.640%
1st payment$498.04$498.04$1,557.85
2nd payment$0.00$991.79$0.00
Taxes / mo$350.50$350.50$350.50
Insurance / mo$150.00$150.00$150.00
MI / mo$73.01$73.01$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,071.55$2,063.35$2,103.35
Cash to close$173,769$25,000$25,000