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$401,002$401,002$494,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$93,098$0
Funding fee$0$0$0
Note rate2.800%2.800%7.400%
Blended rate3.650%4.658%7.640%
1st payment$1,855.88$1,855.88$3,421.05
2nd payment$0.00$698.23$0.00
Taxes / mo$457.50$457.50$457.50
Insurance / mo$166.67$166.67$166.67
MI / mo$319.93$319.93$98.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,799.98$3,498.21$4,144.04
Cash to close$147,998$54,900$54,900