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$12,131$12,131$413,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$401,779$0
Funding fee$0$0$0
Note rate5.810%5.810%7.400%
Blended rate6.660%7.718%7.640%
1st payment$76.87$76.87$2,865.83
2nd payment$0.00$2,594.83$0.00
Taxes / mo$175.33$175.33$175.33
Insurance / mo$166.67$166.67$166.67
MI / mo$9.15$9.15$82.78
HOA / mo$63.00$63.00$63.00
Total monthly$491.02$3,085.85$3,353.61
Cash to close$447,769$45,990$45,990