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$260,004$260,004$1,057,500
Remaining term (yrs)16.016.030.0
Secondary amount$0$797,496$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%6.914%7.640%
1st payment$1,763.65$1,763.65$7,321.92
2nd payment$0.00$5,150.49$0.00
Taxes / mo$473.67$473.67$473.67
Insurance / mo$216.67$216.67$216.67
MI / mo$278.20$278.20$211.50
HOA / mo$120.00$120.00$120.00
Total monthly$2,852.18$8,002.67$8,343.75
Cash to close$914,996$117,500$117,500