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$230,307$230,307$373,500
Remaining term (yrs)22.522.530.0
Secondary amount$0$143,193$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%5.749%7.640%
1st payment$1,227.70$1,227.70$2,586.04
2nd payment$0.00$954.62$0.00
Taxes / mo$293.50$293.50$293.50
Insurance / mo$150.00$150.00$150.00
MI / mo$189.94$189.94$74.70
HOA / mo$160.00$160.00$160.00
Total monthly$2,021.15$2,975.77$3,264.24
Cash to close$184,693$41,500$41,500