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$385,599$385,599$423,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$37,401$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.222%7.640%
1st payment$2,494.89$2,494.89$2,928.77
2nd payment$0.00$280.51$0.00
Taxes / mo$409.42$409.42$409.42
Insurance / mo$166.67$166.67$166.67
MI / mo$180.91$180.91$84.60
HOA / mo$64.00$64.00$64.00
Total monthly$3,315.88$3,596.39$3,653.45
Cash to close$84,401$47,000$47,000