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$41,726$41,726$283,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$241,774$0
Funding fee$0$0$0
Note rate3.120%3.120%7.400%
Blended rate3.970%7.194%7.640%
1st payment$197.89$197.89$1,962.90
2nd payment$0.00$1,561.46$0.00
Taxes / mo$555.50$555.50$555.50
Insurance / mo$150.00$150.00$150.00
MI / mo$32.74$32.74$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$936.13$2,497.59$2,725.10
Cash to close$273,274$31,500$31,500