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$366,237$366,237$405,000
Remaining term (yrs)25.825.830.0
Secondary amount$0$38,763$0
Funding fee$0$0$0
Note rate5.130%5.130%7.400%
Blended rate5.980%6.269%7.640%
1st payment$2,131.18$2,131.18$2,804.14
2nd payment$0.00$290.72$0.00
Taxes / mo$138.08$138.08$138.08
Insurance / mo$150.00$150.00$150.00
MI / mo$277.09$277.09$81.00
HOA / mo$126.00$126.00$126.00
Total monthly$2,822.36$3,113.08$3,299.22
Cash to close$83,763$45,000$45,000