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$141,108$141,108$315,000
Remaining term (yrs)14.014.030.0
Secondary amount$0$173,892$0
Funding fee$0$0$0
Note rate4.320%4.320%7.400%
Blended rate5.170%6.732%7.640%
1st payment$1,111.24$1,111.24$2,181.00
2nd payment$0.00$1,159.28$0.00
Taxes / mo$140.50$140.50$140.50
Insurance / mo$150.00$150.00$150.00
MI / mo$158.68$158.68$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,560.42$2,719.70$2,534.50
Cash to close$208,892$35,000$35,000