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$301,055$301,055$314,550
Remaining term (yrs)28.928.930.0
Secondary amount$0$30,970$0
Funding fee$0$0$0
Note rate6.630%6.630%7.400%
Blended rate7.180%7.618%7.640%
1st payment$1,949.95$1,949.95$2,177.88
2nd payment$0.00$306.47$0.00
Taxes / mo$9.67$9.67$9.67
Insurance / mo$150.00$150.00$150.00
MI / mo$139.50$139.50$62.91
HOA / mo$104.00$104.00$104.00
Total monthly$2,353.12$2,659.59$2,504.46
Cash to close$48,445$17,475$34,950