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$400,063$400,063$526,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$126,437$0
Funding fee$0$0$0
Note rate5.540%5.540%7.400%
Blended rate6.390%6.777%7.640%
1st payment$2,422.62$2,422.62$3,645.38
2nd payment$0.00$842.92$0.00
Taxes / mo$487.50$487.50$487.50
Insurance / mo$166.67$166.67$166.67
MI / mo$300.90$300.90$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,377.68$4,220.60$4,404.85
Cash to close$184,937$58,500$58,500