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$54,651$54,651$310,500
Remaining term (yrs)7.87.830.0
Secondary amount$0$255,849$0
Funding fee$0$0$0
Note rate6.190%6.190%7.400%
Blended rate7.040%7.625%7.640%
1st payment$729.14$729.14$2,149.84
2nd payment$0.00$1,652.36$0.00
Taxes / mo$57.25$57.25$57.25
Insurance / mo$150.00$150.00$150.00
MI / mo$84.42$84.42$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,020.81$2,673.17$2,419.19
Cash to close$290,349$34,500$34,500