Travis Delly

(602) 883-2083
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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$193,885$193,885$216,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$34,115$0
Funding fee$0$0$0
Note rate7.630%7.630%7.400%
Blended rate8.180%8.733%7.640%
1st payment$1,395.57$1,395.57$1,495.54
2nd payment$0.00$337.59$0.00
Taxes / mo$214.33$214.33$214.33
Insurance / mo$150.00$150.00$150.00
MI / mo$91.08$91.08$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,850.98$2,188.57$1,903.07
Cash to close$46,115$12,000$24,000