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$169,769$169,769$263,610
Remaining term (yrs)22.922.930.0
Secondary amount$0$93,841$0
Funding fee$0$0$0
Note rate3.770%3.770%7.400%
Blended rate4.620%6.179%7.640%
1st payment$920.75$920.75$1,825.18
2nd payment$0.00$703.81$0.00
Taxes / mo$156.92$156.92$156.92
Insurance / mo$150.00$150.00$150.00
MI / mo$140.48$140.48$52.72
HOA / mo$28.00$28.00$28.00
Total monthly$1,396.16$2,099.97$2,212.82
Cash to close$123,131$29,290$29,290