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$24,800$24,800$161,910
Remaining term (yrs)4.54.530.0
Secondary amount$0$137,110$0
Funding fee$0$0$0
Note rate7.250%7.250%7.400%
Blended rate8.100%8.015%7.640%
1st payment$531.31$531.31$1,121.03
2nd payment$0.00$914.07$0.00
Taxes / mo$313.67$313.67$313.67
Insurance / mo$150.00$150.00$150.00
MI / mo$55.17$55.17$32.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,050.14$1,964.21$1,617.08
Cash to close$155,100$17,990$17,990