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$40,540$40,540$396,000
Remaining term (yrs)3.83.830.0
Secondary amount$0$355,460$0
Funding fee$0$0$0
Note rate8.320%8.320%7.400%
Blended rate9.170%7.895%7.640%
1st payment$1,013.67$1,013.67$2,741.82
2nd payment$0.00$2,295.68$0.00
Taxes / mo$146.58$146.58$146.58
Insurance / mo$150.00$150.00$150.00
MI / mo$94.95$94.95$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,405.20$3,700.88$3,117.61
Cash to close$399,460$44,000$44,000