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$50,282$50,282$346,500
Remaining term (yrs)6.56.530.0
Secondary amount$0$296,218$0
Funding fee$0$0$0
Note rate6.750%6.750%7.400%
Blended rate7.600%7.728%7.640%
1st payment$782.25$782.25$2,399.10
2nd payment$0.00$1,913.07$0.00
Taxes / mo$163.25$163.25$163.25
Insurance / mo$150.00$150.00$150.00
MI / mo$85.43$85.43$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,180.93$3,094.01$2,781.65
Cash to close$334,718$38,500$38,500