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$162,473$162,473$337,500
Remaining term (yrs)18.518.530.0
Secondary amount$0$175,027$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%6.243%7.640%
1st payment$992.05$992.05$2,336.78
2nd payment$0.00$1,166.85$0.00
Taxes / mo$403.42$403.42$403.42
Insurance / mo$150.00$150.00$150.00
MI / mo$156.49$156.49$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,701.95$2,868.80$2,957.70
Cash to close$212,527$37,500$37,500