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$283,134$283,134$333,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$49,866$0
Funding fee$0$0$0
Note rate7.100%7.100%7.400%
Blended rate7.650%7.852%7.640%
1st payment$1,946.58$1,946.58$2,305.62
2nd payment$0.00$373.99$0.00
Taxes / mo$308.33$308.33$308.33
Insurance / mo$150.00$150.00$150.00
MI / mo$132.76$132.76$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,537.67$2,911.67$2,830.56
Cash to close$86,866$37,000$37,000