Travis Delly

(602) 883-2083
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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$215,325$215,325$238,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$36,425$0
Funding fee$0$0$0
Note rate2.800%2.800%7.400%
Blended rate3.650%4.840%7.640%
1st payment$1,020.21$1,020.21$1,651.33
2nd payment$0.00$360.45$0.00
Taxes / mo$415.33$415.33$415.33
Insurance / mo$150.00$150.00$150.00
MI / mo$175.87$175.87$47.70
HOA / mo$145.00$145.00$145.00
Total monthly$1,906.41$2,266.86$2,409.36
Cash to close$49,675$13,250$26,500