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$264,531$264,531$274,500
Remaining term (yrs)26.826.830.0
Secondary amount$0$25,219$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.470%7.640%
1st payment$1,736.13$1,736.13$1,900.58
2nd payment$0.00$249.56$0.00
Taxes / mo$695.25$695.25$695.25
Insurance / mo$150.00$150.00$150.00
MI / mo$125.89$125.89$54.90
HOA / mo$31.00$31.00$31.00
Total monthly$2,738.27$2,987.83$2,831.73
Cash to close$40,469$15,250$30,500