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$107,492$107,492$566,730
Remaining term (yrs)14.114.130.0
Secondary amount$0$459,238$0
Funding fee$0$0$0
Note rate4.350%4.350%7.400%
Blended rate5.200%7.266%7.640%
1st payment$844.54$844.54$3,923.92
2nd payment$0.00$2,965.91$0.00
Taxes / mo$343.67$343.67$343.67
Insurance / mo$166.67$166.67$166.67
MI / mo$120.17$120.17$113.35
HOA / mo$66.67$66.67$66.67
Total monthly$1,541.71$4,507.62$4,614.27
Cash to close$522,208$62,970$62,970