Travis Delly

(602) 883-2083
https://instagram.com
UMe IDX
Call Travis

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$226,343$226,343$472,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$246,157$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%5.834%7.640%
1st payment$1,068.92$1,068.92$3,271.49
2nd payment$0.00$1,589.77$0.00
Taxes / mo$700.83$700.83$700.83
Insurance / mo$166.67$166.67$166.67
MI / mo$181.91$181.91$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,118.32$3,708.09$4,233.49
Cash to close$298,657$52,500$52,500