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$8,745$8,745$242,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$234,165$0
Funding fee$0$0$0
Note rate6.280%6.280%7.400%
Blended rate6.830%7.717%7.640%
1st payment$57.16$57.16$1,681.86
2nd payment$0.00$1,512.32$0.00
Taxes / mo$45.42$45.42$45.42
Insurance / mo$150.00$150.00$150.00
MI / mo$4.19$4.19$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$256.77$1,769.08$1,925.86
Cash to close$261,155$26,990$26,990