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 · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$282,520$282,520$1,011,600
Remaining term (yrs)24.524.530.0
Secondary amount$0$729,080$0
Funding fee$1,413$1,413$0
Note rate2.240%2.240%7.400%
Blended rate2.240%6.211%7.640%
1st payment$1,246.33$1,246.33$7,004.11
2nd payment$0.00$4,708.64$0.00
Taxes / mo$502.42$502.42$502.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$202.32
HOA / mo$208.67$208.67$208.67
Total monthly$2,174.08$6,882.73$8,134.19
Cash to close$841,480$112,400$112,400