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$475,850$475,850$508,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$32,650$0
Funding fee$0$0$0
Note rate6.820%6.820%7.400%
Blended rate7.370%7.475%7.640%
1st payment$3,190.51$3,190.51$3,520.75
2nd payment$0.00$244.88$0.00
Taxes / mo$122.42$122.42$122.42
Insurance / mo$166.67$166.67$166.67
MI / mo$223.85$223.85$101.70
HOA / mo$345.00$345.00$345.00
Total monthly$4,048.45$4,293.32$4,256.53
Cash to close$89,150$56,500$56,500