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$362,909$362,909$382,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$40,841$0
Funding fee$0$0$0
Note rate4.650%4.650%7.400%
Blended rate5.500%6.145%7.640%
1st payment$2,009.97$2,009.97$2,648.35
2nd payment$0.00$404.16$0.00
Taxes / mo$104.50$104.50$104.50
Insurance / mo$150.00$150.00$150.00
MI / mo$276.11$276.11$76.50
HOA / mo$59.58$59.58$59.58
Total monthly$2,600.16$3,004.32$3,038.93
Cash to close$62,091$21,250$42,500