Travis Delly

(602) 883-2083
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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$357,329$357,329$450,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$92,671$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%4.903%7.640%
1st payment$1,736.05$1,736.05$3,115.71
2nd payment$0.00$695.03$0.00
Taxes / mo$293.08$293.08$293.08
Insurance / mo$166.67$166.67$166.67
MI / mo$292.05$292.05$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,487.85$3,182.88$3,665.46
Cash to close$142,671$50,000$50,000