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$174,887$174,887$391,500
Remaining term (yrs)18.318.330.0
Secondary amount$0$216,613$0
Funding fee$0$0$0
Note rate3.860%3.860%7.400%
Blended rate4.710%6.392%7.640%
1st payment$1,106.89$1,106.89$2,710.67
2nd payment$0.00$1,398.96$0.00
Taxes / mo$135.58$135.58$135.58
Insurance / mo$150.00$150.00$150.00
MI / mo$167.04$167.04$78.30
HOA / mo$72.00$72.00$72.00
Total monthly$1,631.51$3,030.47$3,146.55
Cash to close$260,113$43,500$43,500