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$109,915$109,915$211,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$101,585$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%5.895%7.640%
1st payment$521.25$521.25$1,464.38
2nd payment$0.00$677.23$0.00
Taxes / mo$91.50$91.50$91.50
Insurance / mo$150.00$150.00$150.00
MI / mo$86.46$86.46$42.30
HOA / mo$240.00$240.00$240.00
Total monthly$1,089.21$1,766.44$1,988.18
Cash to close$125,085$23,500$23,500