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$214,494$214,494$342,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$127,506$0
Funding fee$0$0$0
Note rate3.470%3.470%7.400%
Blended rate4.320%5.692%7.640%
1st payment$1,110.92$1,110.92$2,367.94
2nd payment$0.00$850.04$0.00
Taxes / mo$171.92$171.92$171.92
Insurance / mo$150.00$150.00$150.00
MI / mo$175.89$175.89$68.40
HOA / mo$156.00$156.00$156.00
Total monthly$1,764.73$2,614.77$2,914.26
Cash to close$165,506$38,000$38,000