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$542,719$542,719$2,605,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$2,062,781$0
Funding fee$2,714$2,714$0
Note rate2.830%2.830%7.400%
Blended rate2.830%6.725%7.640%
1st payment$2,561.40$2,561.40$18,039.96
2nd payment$0.00$13,322.13$0.00
Taxes / mo$369.17$369.17$369.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$521.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,147.23$16,469.36$19,146.89
Cash to close$2,352,281$289,500$289,500