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$270,587$270,587$283,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$28,663$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%4.501%7.640%
1st payment$1,262.06$1,262.06$1,962.90
2nd payment$0.00$283.65$0.00
Taxes / mo$112.50$112.50$112.50
Insurance / mo$150.00$150.00$150.00
MI / mo$215.61$215.61$56.70
HOA / mo$80.00$80.00$80.00
Total monthly$1,820.16$2,103.81$2,362.10
Cash to close$44,413$15,750$31,500