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$350,282$350,282$359,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$29,623$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.426%7.640%
1st payment$2,296.29$2,296.29$2,491.94
2nd payment$0.00$293.15$0.00
Taxes / mo$109.50$109.50$109.50
Insurance / mo$150.00$150.00$150.00
MI / mo$166.51$166.51$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,722.30$3,015.45$2,823.43
Cash to close$49,618$19,995$39,990