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$151,299$151,299$382,500
Remaining term (yrs)12.812.830.0
Secondary amount$0$231,201$0
Funding fee$0$0$0
Note rate3.240%3.240%7.400%
Blended rate4.090%6.302%7.640%
1st payment$1,195.88$1,195.88$2,648.35
2nd payment$0.00$1,493.17$0.00
Taxes / mo$177.25$177.25$177.25
Insurance / mo$150.00$150.00$150.00
MI / mo$149.48$149.48$76.50
HOA / mo$60.00$60.00$60.00
Total monthly$1,732.61$3,225.78$3,112.10
Cash to close$273,701$42,500$42,500