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$221,173$221,173$382,500
Remaining term (yrs)28.828.830.0
Secondary amount$0$161,327$0
Funding fee$0$0$0
Note rate6.580%6.580%7.400%
Blended rate7.130%7.497%7.640%
1st payment$1,426.68$1,426.68$2,648.35
2nd payment$0.00$1,075.51$0.00
Taxes / mo$150.75$150.75$150.75
Insurance / mo$150.00$150.00$150.00
MI / mo$102.60$102.60$76.50
HOA / mo$356.00$356.00$356.00
Total monthly$2,186.03$3,261.54$3,381.60
Cash to close$203,827$42,500$42,500