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$223,150$223,150$350,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$126,950$0
Funding fee$0$0$0
Note rate3.010%3.010%7.400%
Blended rate3.860%5.361%7.640%
1st payment$1,094.23$1,094.23$2,424.02
2nd payment$0.00$846.33$0.00
Taxes / mo$250.00$250.00$250.00
Insurance / mo$150.00$150.00$150.00
MI / mo$183.61$183.61$70.02
HOA / mo$363.00$363.00$363.00
Total monthly$2,040.84$2,887.17$3,257.04
Cash to close$165,850$38,900$38,900