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$282,313$282,313$305,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$40,592$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%4.946%7.640%
1st payment$1,341.70$1,341.70$2,118.06
2nd payment$0.00$401.69$0.00
Taxes / mo$65.92$65.92$65.92
Insurance / mo$150.00$150.00$150.00
MI / mo$222.56$222.56$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,780.18$2,181.87$2,395.16
Cash to close$57,587$16,995$33,990