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$39,865$39,865$279,000
Remaining term (yrs)22.022.030.0
Secondary amount$0$239,135$0
Funding fee$0$0$0
Note rate6.020%6.020%7.400%
Blended rate6.870%7.624%7.640%
1st payment$271.79$271.79$1,931.74
2nd payment$0.00$1,544.41$0.00
Taxes / mo$69.92$69.92$69.92
Insurance / mo$150.00$150.00$150.00
MI / mo$30.32$30.32$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$522.03$2,066.45$2,207.46
Cash to close$270,135$31,000$31,000