Travis Delly

(602) 883-2083
https://instagram.com
UMe IDX
Call Travis

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$26,203$26,203$1,080,000
Remaining term (yrs)2.52.530.0
Secondary amount$0$1,053,797$0
Funding fee$0$0$0
Note rate6.770%6.770%7.400%
Blended rate7.620%7.747%7.640%
1st payment$923.71$923.71$7,477.70
2nd payment$0.00$6,805.77$0.00
Taxes / mo$1,000.00$1,000.00$1,000.00
Insurance / mo$216.67$216.67$216.67
MI / mo$100.67$100.67$216.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,241.05$9,046.82$8,910.37
Cash to close$1,173,797$120,000$120,000