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 · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$135,003$135,003$246,150
Remaining term (yrs)24.424.430.0
Secondary amount$0$111,147$0
Funding fee$675$675$0
Note rate2.250%2.250%7.400%
Blended rate2.250%4.846%7.640%
1st payment$597.75$597.75$1,704.29
2nd payment$0.00$740.98$0.00
Taxes / mo$85.00$85.00$85.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.23
HOA / mo$340.00$340.00$340.00
Total monthly$1,172.75$1,913.73$2,328.52
Cash to close$138,497$27,350$27,350