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$284,813$284,813$360,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$75,187$0
Funding fee$0$0$0
Note rate5.540%5.540%7.400%
Blended rate6.390%6.935%7.640%
1st payment$1,724.71$1,724.71$2,492.57
2nd payment$0.00$563.90$0.00
Taxes / mo$290.83$290.83$290.83
Insurance / mo$150.00$150.00$150.00
MI / mo$214.21$214.21$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,379.76$2,943.66$3,005.40
Cash to close$115,187$40,000$40,000