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$216,157$216,157$310,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$94,343$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%5.401%7.640%
1st payment$1,020.50$1,020.50$2,149.84
2nd payment$0.00$707.58$0.00
Taxes / mo$381.08$381.08$381.08
Insurance / mo$150.00$150.00$150.00
MI / mo$171.89$171.89$62.10
HOA / mo$188.00$188.00$188.00
Total monthly$1,911.48$2,619.06$2,931.02
Cash to close$128,843$34,500$34,500