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$379,358$379,358$387,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$29,142$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%4.515%7.640%
1st payment$1,802.91$1,802.91$2,679.51
2nd payment$0.00$288.38$0.00
Taxes / mo$96.67$96.67$96.67
Insurance / mo$150.00$150.00$150.00
MI / mo$299.07$299.07$77.40
HOA / mo$65.00$65.00$65.00
Total monthly$2,413.64$2,702.03$3,068.58
Cash to close$50,642$21,500$43,000