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$223,084$223,084$323,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$100,826$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%5.059%7.640%
1st payment$1,100.64$1,100.64$2,242.69
2nd payment$0.00$672.17$0.00
Taxes / mo$502.08$502.08$502.08
Insurance / mo$150.00$150.00$150.00
MI / mo$179.67$179.67$64.78
HOA / mo$60.00$60.00$60.00
Total monthly$1,992.39$2,664.57$3,019.55
Cash to close$136,816$35,990$35,990