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$102,468$102,468$283,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$181,032$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%6.493%7.640%
1st payment$485.94$485.94$1,962.90
2nd payment$0.00$1,206.88$0.00
Taxes / mo$69.50$69.50$69.50
Insurance / mo$150.00$150.00$150.00
MI / mo$81.85$81.85$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$787.30$1,994.17$2,239.10
Cash to close$212,532$31,500$31,500