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$225,038$225,038$301,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$76,462$0
Funding fee$0$0$0
Note rate2.970%2.970%7.400%
Blended rate3.820%5.134%7.640%
1st payment$1,075.82$1,075.82$2,087.53
2nd payment$0.00$573.46$0.00
Taxes / mo$285.42$285.42$285.42
Insurance / mo$150.00$150.00$150.00
MI / mo$181.44$181.44$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,692.68$2,266.14$2,583.24
Cash to close$109,962$33,500$33,500