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$68,136$68,136$400,500
Remaining term (yrs)12.612.630.0
Secondary amount$0$332,364$0
Funding fee$0$0$0
Note rate4.380%4.380%7.400%
Blended rate5.230%7.321%7.640%
1st payment$581.99$581.99$2,772.98
2nd payment$0.00$2,146.52$0.00
Taxes / mo$144.83$144.83$144.83
Insurance / mo$150.00$150.00$150.00
MI / mo$82.52$82.52$80.10
HOA / mo$385.00$385.00$385.00
Total monthly$1,344.34$3,490.85$3,532.91
Cash to close$376,864$44,500$44,500