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$196,508$196,508$288,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$91,492$0
Funding fee$0$0$0
Note rate5.100%5.100%7.400%
Blended rate5.950%6.919%7.640%
1st payment$1,143.57$1,143.57$1,994.05
2nd payment$0.00$686.19$0.00
Taxes / mo$366.83$366.83$366.83
Insurance / mo$150.00$150.00$150.00
MI / mo$149.19$149.19$57.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,809.60$2,495.79$2,568.49
Cash to close$123,492$32,000$32,000