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 · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$225,019$225,019$243,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$31,481$0
Funding fee$1,125$1,125$0
Note rate3.080%3.080%7.400%
Blended rate3.080%4.159%7.640%
1st payment$1,086.12$1,086.12$1,682.48
2nd payment$0.00$311.53$0.00
Taxes / mo$71.17$71.17$71.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$108.33$108.33$108.33
Total monthly$1,415.62$1,727.15$2,060.58
Cash to close$44,981$13,500$27,000