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$333,796$333,796$376,200
Remaining term (yrs)25.025.030.0
Secondary amount$0$42,404$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%4.342%7.640%
1st payment$1,558.53$1,558.53$2,604.73
2nd payment$0.00$318.03$0.00
Taxes / mo$230.75$230.75$230.75
Insurance / mo$150.00$150.00$150.00
MI / mo$265.23$265.23$75.24
HOA / mo$146.00$146.00$146.00
Total monthly$2,350.51$2,668.54$3,206.72
Cash to close$84,204$41,800$41,800