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$281,501$281,501$612,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$330,499$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%5.947%7.640%
1st payment$1,331.98$1,331.98$4,237.36
2nd payment$0.00$2,134.47$0.00
Taxes / mo$149.92$149.92$149.92
Insurance / mo$166.67$166.67$166.67
MI / mo$224.36$224.36$122.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,872.93$4,007.40$4,676.35
Cash to close$398,499$68,000$68,000