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$103,127$103,127$315,000
Remaining term (yrs)15.015.030.0
Secondary amount$0$211,873$0
Funding fee$0$0$0
Note rate4.150%4.150%7.400%
Blended rate5.000%6.850%7.640%
1st payment$767.52$767.52$2,181.00
2nd payment$0.00$1,368.35$0.00
Taxes / mo$284.50$284.50$284.50
Insurance / mo$150.00$150.00$150.00
MI / mo$111.84$111.84$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,313.86$2,682.21$2,678.50
Cash to close$246,873$35,000$35,000