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$261,046$261,046$333,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$71,954$0
Funding fee$0$0$0
Note rate5.550%5.550%7.400%
Blended rate6.400%6.962%7.640%
1st payment$1,580.11$1,580.11$2,305.62
2nd payment$0.00$539.66$0.00
Taxes / mo$448.83$448.83$448.83
Insurance / mo$150.00$150.00$150.00
MI / mo$196.04$196.04$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,374.98$2,914.63$2,971.06
Cash to close$108,954$37,000$37,000