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$275,456$275,456$345,600
Remaining term (yrs)25.225.230.0
Secondary amount$0$70,144$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%4.975%7.640%
1st payment$1,309.11$1,309.11$2,392.86
2nd payment$0.00$526.08$0.00
Taxes / mo$392.92$392.92$392.92
Insurance / mo$150.00$150.00$150.00
MI / mo$217.16$217.16$69.12
HOA / mo$8.00$8.00$8.00
Total monthly$2,077.18$2,603.26$3,012.90
Cash to close$108,544$38,400$38,400