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$198,833$198,833$251,100
Remaining term (yrs)27.627.630.0
Secondary amount$0$52,267$0
Funding fee$0$0$0
Note rate7.220%7.220%7.400%
Blended rate7.770%8.026%7.640%
1st payment$1,384.09$1,384.09$1,738.57
2nd payment$0.00$392.00$0.00
Taxes / mo$232.50$232.50$232.50
Insurance / mo$150.00$150.00$150.00
MI / mo$93.27$93.27$50.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,859.86$2,251.86$2,171.29
Cash to close$80,167$27,900$27,900