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$12,242$12,242$310,410
Remaining term (yrs)25.825.830.0
Secondary amount$0$298,168$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.736%7.640%
1st payment$84.22$84.22$2,149.22
2nd payment$0.00$1,925.67$0.00
Taxes / mo$168.75$168.75$168.75
Insurance / mo$150.00$150.00$150.00
MI / mo$5.69$5.69$62.08
HOA / mo$86.00$86.00$86.00
Total monthly$494.67$2,420.34$2,616.05
Cash to close$332,658$34,490$34,490