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$262,237$262,237$328,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$66,263$0
Funding fee$0$0$0
Note rate6.700%6.700%7.400%
Blended rate7.550%7.842%7.640%
1st payment$1,772.74$1,772.74$2,274.47
2nd payment$0.00$496.97$0.00
Taxes / mo$189.17$189.17$189.17
Insurance / mo$150.00$150.00$150.00
MI / mo$194.60$194.60$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,306.50$2,803.48$2,679.33
Cash to close$102,763$36,500$36,500