CR

Cody Ramirez

(602) 539-2857
UMe Realty Group
Call Cody

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$349,000$349,000$382,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$33,500$0
Funding fee$0$0$0
Note rate5.410%5.410%7.400%
Blended rate6.260%6.500%7.640%
1st payment$2,086.06$2,086.06$2,648.35
2nd payment$0.00$251.25$0.00
Taxes / mo$139.58$139.58$139.58
Insurance / mo$150.00$150.00$150.00
MI / mo$262.85$262.85$76.50
HOA / mo$75.00$75.00$75.00
Total monthly$2,713.49$2,964.74$3,089.44
Cash to close$76,000$42,500$42,500