Travis Delly

(602) 883-2083
https://instagram.com
UMe IDX
Call Travis

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$229,231$229,231$261,000
Remaining term (yrs)27.527.530.0
Secondary amount$0$31,769$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.287%7.640%
1st payment$1,489.49$1,489.49$1,807.11
2nd payment$0.00$238.27$0.00
Taxes / mo$232.92$232.92$232.92
Insurance / mo$150.00$150.00$150.00
MI / mo$108.01$108.01$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,980.41$2,218.68$2,242.23
Cash to close$60,769$29,000$29,000