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$27,379$27,379$360,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$332,621$0
Funding fee$0$0$0
Note rate5.550%5.550%7.400%
Blended rate6.400%7.647%7.640%
1st payment$168.69$168.69$2,492.57
2nd payment$0.00$2,148.18$0.00
Taxes / mo$132.92$132.92$132.92
Insurance / mo$150.00$150.00$150.00
MI / mo$20.65$20.65$72.00
HOA / mo$91.00$91.00$91.00
Total monthly$563.26$2,711.43$2,938.48
Cash to close$372,621$40,000$40,000