CR

Cody Ramirez

(602) 539-2857

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
Current Market Conventional
New · Conventional
Loan amount$277,961$278,100
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$1,775.04$1,925.51
2nd payment$0.00$0.00
Taxes / mo$59.33$59.33
Insurance / mo$150.00$150.00
MI / mo$128.71$55.62
HOA / mo$0.00$0.00
Total monthly$2,113.08$2,190.46
Cash to close$31,039$30,900