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$239,234$239,234$387,000
Remaining term (yrs)23.023.030.0
Secondary amount$0$147,766$0
Funding fee$0$0$0
Note rate3.620%3.620%7.400%
Blended rate4.470%5.818%7.640%
1st payment$1,275.41$1,275.41$2,679.51
2nd payment$0.00$985.11$0.00
Taxes / mo$151.42$151.42$151.42
Insurance / mo$150.00$150.00$150.00
MI / mo$198.22$198.22$77.40
HOA / mo$68.00$68.00$68.00
Total monthly$1,843.05$2,828.15$3,126.33
Cash to close$190,766$43,000$43,000