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$387,002$387,002$391,500
Remaining term (yrs)28.528.530.0
Secondary amount$0$26,248$0
Funding fee$0$0$0
Note rate6.650%6.650%7.400%
Blended rate7.200%7.497%7.640%
1st payment$2,521.35$2,521.35$2,710.67
2nd payment$0.00$259.74$0.00
Taxes / mo$150.83$150.83$150.83
Insurance / mo$150.00$150.00$150.00
MI / mo$180.01$180.01$78.30
HOA / mo$75.00$75.00$75.00
Total monthly$3,077.20$3,336.94$3,164.80
Cash to close$47,998$21,750$43,500