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$494,891$494,891$629,100
Remaining term (yrs)28.528.530.0
Secondary amount$0$134,209$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.528%7.640%
1st payment$3,292.29$3,292.29$4,355.76
2nd payment$0.00$894.73$0.00
Taxes / mo$254.92$254.92$254.92
Insurance / mo$166.67$166.67$166.67
MI / mo$230.29$230.29$125.82
HOA / mo$50.00$50.00$50.00
Total monthly$3,994.16$4,888.89$4,953.16
Cash to close$204,109$69,900$69,900