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$245,096$245,096$405,000
Remaining term (yrs)22.022.030.0
Secondary amount$0$159,904$0
Funding fee$0$0$0
Note rate4.590%4.590%7.400%
Blended rate5.440%6.451%7.640%
1st payment$1,473.12$1,473.12$2,804.14
2nd payment$0.00$1,066.03$0.00
Taxes / mo$187.58$187.58$187.58
Insurance / mo$150.00$150.00$150.00
MI / mo$203.78$203.78$81.00
HOA / mo$6.25$6.25$6.25
Total monthly$2,020.74$3,086.77$3,228.97
Cash to close$204,904$45,000$45,000