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$309,979$309,979$535,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$225,521$0
Funding fee$0$0$0
Note rate2.770%2.770%7.400%
Blended rate3.620%5.359%7.640%
1st payment$1,429.84$1,429.84$3,707.69
2nd payment$0.00$1,456.49$0.00
Taxes / mo$389.50$389.50$389.50
Insurance / mo$166.67$166.67$166.67
MI / mo$247.45$247.45$107.10
HOA / mo$12.50$12.50$12.50
Total monthly$2,245.95$3,702.44$4,383.46
Cash to close$285,021$59,500$59,500