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$186,450$186,450$216,000
Remaining term (yrs)26.826.830.0
Secondary amount$0$29,550$0
Funding fee$0$0$0
Note rate6.710%6.710%7.400%
Blended rate7.260%7.498%7.640%
1st payment$1,248.77$1,248.77$1,495.54
2nd payment$0.00$221.62$0.00
Taxes / mo$213.25$213.25$213.25
Insurance / mo$150.00$150.00$150.00
MI / mo$88.61$88.61$43.20
HOA / mo$14.58$14.58$14.58
Total monthly$1,715.20$1,936.83$1,916.57
Cash to close$53,550$24,000$24,000