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$253,516$253,516$285,300
Remaining term (yrs)25.125.130.0
Secondary amount$0$31,784$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%4.415%7.640%
1st payment$1,192.89$1,192.89$1,975.36
2nd payment$0.00$238.38$0.00
Taxes / mo$288.75$288.75$288.75
Insurance / mo$150.00$150.00$150.00
MI / mo$200.67$200.67$57.06
HOA / mo$155.00$155.00$155.00
Total monthly$1,987.31$2,225.69$2,626.17
Cash to close$63,484$31,700$31,700