CR

Cody Ramirez

(602) 539-2857

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 · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$303,631$303,631$877,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$573,869$0
Funding fee$1,518$1,518$0
Note rate3.310%3.310%7.400%
Blended rate3.310%6.214%7.640%
1st payment$1,539.83$1,539.83$6,075.63
2nd payment$0.00$3,706.24$0.00
Taxes / mo$362.58$362.58$362.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$492.67$492.67$492.67
Total monthly$2,611.75$6,317.99$7,323.05
Cash to close$671,369$97,500$97,500