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$36,948$36,948$247,500
Remaining term (yrs)6.16.130.0
Secondary amount$0$210,552$0
Funding fee$0$0$0
Note rate4.500%4.500%7.400%
Blended rate5.350%7.392%7.640%
1st payment$566.08$566.08$1,713.64
2nd payment$0.00$1,359.81$0.00
Taxes / mo$131.75$131.75$131.75
Insurance / mo$150.00$150.00$150.00
MI / mo$79.14$79.14$49.50
HOA / mo$300.00$300.00$300.00
Total monthly$1,226.97$2,586.78$2,344.89
Cash to close$238,052$27,500$27,500