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$39,486$39,486$387,000
Remaining term (yrs)3.83.830.0
Secondary amount$0$347,514$0
Funding fee$0$0$0
Note rate8.220%8.220%7.400%
Blended rate9.070%7.885%7.640%
1st payment$985.47$985.47$2,679.51
2nd payment$0.00$2,244.36$0.00
Taxes / mo$87.17$87.17$87.17
Insurance / mo$150.00$150.00$150.00
MI / mo$93.18$93.18$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,315.82$3,560.17$2,994.08
Cash to close$390,514$43,000$43,000