CR

Cody Ramirez

(602) 539-2857

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$433,615$342,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$2,866.74$2,367.94
2nd payment$0.00$0.00
Taxes / mo$295.42$295.42
Insurance / mo$150.00$150.00
MI / mo$207.01$68.40
HOA / mo$85.00$85.00
Total monthly$3,604.17$2,966.76
Cash to close$0$38,000