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$140,837$140,837$296,010
Remaining term (yrs)23.423.430.0
Secondary amount$0$155,173$0
Funding fee$0$0$0
Note rate3.640%3.640%7.400%
Blended rate4.490%6.330%7.640%
1st payment$743.83$743.83$2,049.51
2nd payment$0.00$1,034.48$0.00
Taxes / mo$99.17$99.17$99.17
Insurance / mo$150.00$150.00$150.00
MI / mo$115.32$115.32$59.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,108.31$2,142.79$2,357.88
Cash to close$188,063$32,890$32,890