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$242,957$242,957$444,600
Remaining term (yrs)23.723.730.0
Secondary amount$0$201,643$0
Funding fee$0$0$0
Note rate3.230%3.230%7.400%
Blended rate4.080%5.744%7.640%
1st payment$1,219.11$1,219.11$3,078.32
2nd payment$0.00$1,302.28$0.00
Taxes / mo$155.00$155.00$155.00
Insurance / mo$166.67$166.67$166.67
MI / mo$198.92$198.92$88.92
HOA / mo$106.00$106.00$106.00
Total monthly$1,845.70$3,147.98$3,594.91
Cash to close$251,043$49,400$49,400