CR

Cody Ramirez

(602) 539-2857
UMe Realty Group
Call Cody

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$311,611$238,410
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.620%7.400%
Blended rate8.170%7.640%
1st payment$2,264.51$1,650.70
2nd payment$0.00$0.00
Taxes / mo$170.17$170.17
Insurance / mo$150.00$150.00
MI / mo$146.71$47.68
HOA / mo$85.00$85.00
Total monthly$2,816.39$2,103.55
Cash to close$0$26,490