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$198,037$198,037$238,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$40,463$0
Funding fee$0$0$0
Note rate3.090%3.090%7.400%
Blended rate3.940%4.798%7.640%
1st payment$942.18$942.18$1,651.33
2nd payment$0.00$303.48$0.00
Taxes / mo$351.50$351.50$351.50
Insurance / mo$150.00$150.00$150.00
MI / mo$156.49$156.49$47.70
HOA / mo$91.00$91.00$91.00
Total monthly$1,691.17$1,994.65$2,291.53
Cash to close$66,963$26,500$26,500