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$179,609$179,609$576,000
Remaining term (yrs)21.021.030.0
Secondary amount$0$396,391$0
Funding fee$0$0$0
Note rate3.970%3.970%7.400%
Blended rate4.820%6.836%7.640%
1st payment$1,049.10$1,049.10$3,988.11
2nd payment$0.00$2,560.03$0.00
Taxes / mo$172.33$172.33$172.33
Insurance / mo$166.67$166.67$166.67
MI / mo$156.22$156.22$115.20
HOA / mo$86.33$86.33$86.33
Total monthly$1,630.64$4,190.67$4,528.64
Cash to close$460,391$64,000$64,000