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$457,444$457,444$508,500
Remaining term (yrs)28.628.630.0
Secondary amount$0$51,056$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.246%7.640%
1st payment$2,932.67$2,932.67$3,520.75
2nd payment$0.00$382.92$0.00
Taxes / mo$348.50$348.50$348.50
Insurance / mo$166.67$166.67$166.67
MI / mo$212.66$212.66$101.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,660.49$4,043.41$4,137.62
Cash to close$107,556$56,500$56,500