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$98,840$98,840$256,500
Remaining term (yrs)16.516.530.0
Secondary amount$0$157,660$0
Funding fee$494$494$0
Note rate3.630%3.630%7.400%
Blended rate3.630%6.316%7.640%
1st payment$659.40$659.40$1,775.95
2nd payment$0.00$1,051.07$0.00
Taxes / mo$96.92$96.92$96.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$56.00$56.00$56.00
Total monthly$962.32$2,013.39$2,130.17
Cash to close$186,160$28,500$28,500