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$371,141$371,141$450,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$78,859$0
Funding fee$0$0$0
Note rate6.960%6.960%7.400%
Blended rate7.510%7.771%7.640%
1st payment$2,540.44$2,540.44$3,115.71
2nd payment$0.00$591.44$0.00
Taxes / mo$697.92$697.92$697.92
Insurance / mo$166.67$166.67$166.67
MI / mo$175.72$175.72$90.00
HOA / mo$168.00$168.00$168.00
Total monthly$3,748.74$4,340.18$4,238.29
Cash to close$128,859$50,000$50,000