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$224,835$224,835$266,399
Remaining term (yrs)29.029.030.0
Secondary amount$0$41,564$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.354%7.640%
1st payment$1,435.78$1,435.78$1,844.49
2nd payment$0.00$311.73$0.00
Taxes / mo$253.58$253.58$253.58
Insurance / mo$150.00$150.00$150.00
MI / mo$104.11$104.11$53.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,943.48$2,255.21$2,301.36
Cash to close$71,164$29,600$29,600