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$450,961$450,961$508,410
Remaining term (yrs)26.526.530.0
Secondary amount$0$57,449$0
Funding fee$0$0$0
Note rate6.260%6.260%7.400%
Blended rate6.810%7.057%7.640%
1st payment$2,904.98$2,904.98$3,520.13
2nd payment$0.00$430.87$0.00
Taxes / mo$195.17$195.17$195.17
Insurance / mo$166.67$166.67$166.67
MI / mo$216.02$216.02$101.68
HOA / mo$88.00$88.00$88.00
Total monthly$3,570.84$4,001.70$4,071.65
Cash to close$113,939$56,490$56,490