CR

Cody Ramirez

(602) 539-2857

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$353,866$315,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$2,372.63$2,181.00
2nd payment$0.00$0.00
Taxes / mo$158.17$158.17
Insurance / mo$150.00$150.00
MI / mo$166.47$63.00
HOA / mo$86.00$86.00
Total monthly$2,933.26$2,638.16
Cash to close$0$35,000