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$107,610$107,610$562,500
Remaining term (yrs)16.016.030.0
Secondary amount$0$454,890$0
Funding fee$0$0$0
Note rate3.490%3.490%7.400%
Blended rate4.340%7.098%7.640%
1st payment$726.60$726.60$3,894.64
2nd payment$0.00$2,937.83$0.00
Taxes / mo$234.33$234.33$234.33
Insurance / mo$166.67$166.67$166.67
MI / mo$114.76$114.76$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,242.36$4,180.19$4,408.14
Cash to close$517,390$62,500$62,500