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$229,186$229,186$305,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$76,724$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.539%7.640%
1st payment$1,557.99$1,557.99$2,118.06
2nd payment$0.00$575.43$0.00
Taxes / mo$69.08$69.08$69.08
Insurance / mo$150.00$150.00$150.00
MI / mo$105.76$105.76$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,882.83$2,458.27$2,398.32
Cash to close$110,714$33,990$33,990