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$225,102$225,102$371,700
Remaining term (yrs)25.425.430.0
Secondary amount$0$146,598$0
Funding fee$0$0$0
Note rate3.550%3.550%7.400%
Blended rate4.400%5.820%7.640%
1st payment$1,119.17$1,119.17$2,573.58
2nd payment$0.00$977.32$0.00
Taxes / mo$255.67$255.67$255.67
Insurance / mo$150.00$150.00$150.00
MI / mo$175.45$175.45$74.34
HOA / mo$8.33$8.33$8.33
Total monthly$1,708.61$2,685.94$3,061.91
Cash to close$187,898$41,300$41,300