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$74,468$74,468$310,410
Remaining term (yrs)8.08.030.0
Secondary amount$0$235,942$0
Funding fee$0$0$0
Note rate5.830%5.830%7.400%
Blended rate6.680%7.493%7.640%
1st payment$956.89$956.89$2,149.22
2nd payment$0.00$1,523.79$0.00
Taxes / mo$128.17$128.17$128.17
Insurance / mo$150.00$150.00$150.00
MI / mo$115.14$115.14$62.08
HOA / mo$41.67$41.67$41.67
Total monthly$1,391.86$2,915.65$2,531.13
Cash to close$270,432$34,490$34,490