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$232,583$232,583$603,000
Remaining term (yrs)21.821.830.0
Secondary amount$0$370,417$0
Funding fee$0$0$0
Note rate4.500%4.500%7.400%
Blended rate5.350%6.824%7.640%
1st payment$1,392.52$1,392.52$4,175.05
2nd payment$0.00$2,392.27$0.00
Taxes / mo$583.58$583.58$583.58
Insurance / mo$166.67$166.67$166.67
MI / mo$194.67$194.67$120.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,337.44$4,729.71$5,045.90
Cash to close$437,417$67,000$67,000