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$301,049$301,049$342,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$40,951$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%4.352%7.640%
1st payment$1,404.14$1,404.14$2,367.94
2nd payment$0.00$307.13$0.00
Taxes / mo$329.83$329.83$329.83
Insurance / mo$150.00$150.00$150.00
MI / mo$239.88$239.88$68.40
HOA / mo$80.00$80.00$80.00
Total monthly$2,203.85$2,510.98$2,996.17
Cash to close$78,951$38,000$38,000