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$108,239$108,239$220,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$112,261$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%6.208%7.640%
1st payment$571.51$571.51$1,526.70
2nd payment$0.00$748.41$0.00
Taxes / mo$173.67$173.67$173.67
Insurance / mo$150.00$150.00$150.00
MI / mo$90.15$90.15$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$985.33$1,733.74$1,894.46
Cash to close$136,761$24,500$24,500