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$70,790$70,790$305,100
Remaining term (yrs)16.916.930.0
Secondary amount$0$234,310$0
Funding fee$0$0$0
Note rate4.310%4.310%7.400%
Blended rate5.160%7.149%7.640%
1st payment$490.12$490.12$2,112.45
2nd payment$0.00$1,513.25$0.00
Taxes / mo$147.42$147.42$147.42
Insurance / mo$150.00$150.00$150.00
MI / mo$70.07$70.07$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$857.61$2,370.86$2,470.89
Cash to close$268,210$33,900$33,900