Travis Delly

(602) 883-2083
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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$195,679$195,679$288,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$92,321$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%5.413%7.640%
1st payment$936.36$936.36$1,994.05
2nd payment$0.00$692.41$0.00
Taxes / mo$135.00$135.00$135.00
Insurance / mo$150.00$150.00$150.00
MI / mo$159.97$159.97$57.60
HOA / mo$117.00$117.00$117.00
Total monthly$1,498.33$2,190.74$2,453.65
Cash to close$124,321$32,000$32,000