Travis Delly

(602) 883-2083
https://instagram.com
UMe IDX
Call Travis

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$307,561$307,561$328,500
Remaining term (yrs)26.826.830.0
Secondary amount$0$39,189$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.746%7.640%
1st payment$2,052.00$2,052.00$2,274.47
2nd payment$0.00$387.81$0.00
Taxes / mo$137.50$137.50$137.50
Insurance / mo$150.00$150.00$150.00
MI / mo$146.20$146.20$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,485.70$2,873.51$2,627.67
Cash to close$57,439$18,250$36,500