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$148,510$148,510$193,500
Remaining term (yrs)17.617.630.0
Secondary amount$0$44,990$0
Funding fee$0$0$0
Note rate6.820%6.820%7.400%
Blended rate7.370%7.749%7.640%
1st payment$1,204.14$1,204.14$1,339.75
2nd payment$0.00$337.42$0.00
Taxes / mo$177.83$177.83$177.83
Insurance / mo$150.00$150.00$150.00
MI / mo$72.19$72.19$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,604.16$1,941.58$1,706.29
Cash to close$66,490$21,500$21,500