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$70,342$70,342$188,910
Remaining term (yrs)11.511.530.0
Secondary amount$0$118,568$0
Funding fee$0$0$0
Note rate5.800%5.800%7.400%
Blended rate6.650%7.497%7.640%
1st payment$692.63$692.63$1,307.97
2nd payment$0.00$790.46$0.00
Taxes / mo$38.25$38.25$38.25
Insurance / mo$150.00$150.00$150.00
MI / mo$83.61$83.61$37.78
HOA / mo$185.00$185.00$185.00
Total monthly$1,149.49$1,939.95$1,719.01
Cash to close$139,558$20,990$20,990