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$311,949$311,949$360,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$48,051$0
Funding fee$0$0$0
Note rate6.890%6.890%7.400%
Blended rate7.440%7.648%7.640%
1st payment$2,097.49$2,097.49$2,492.57
2nd payment$0.00$360.38$0.00
Taxes / mo$129.92$129.92$129.92
Insurance / mo$150.00$150.00$150.00
MI / mo$146.12$146.12$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,523.52$2,883.90$2,844.48
Cash to close$88,051$40,000$40,000