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$243,183$243,183$297,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$53,817$0
Funding fee$0$0$0
Note rate2.830%2.830%7.400%
Blended rate3.680%4.644%7.640%
1st payment$1,155.92$1,155.92$2,056.37
2nd payment$0.00$403.63$0.00
Taxes / mo$90.33$90.33$90.33
Insurance / mo$150.00$150.00$150.00
MI / mo$198.50$198.50$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,594.75$1,998.38$2,356.10
Cash to close$86,817$33,000$33,000