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$82,785$82,785$247,500
Remaining term (yrs)38.838.830.0
Secondary amount$0$164,715$0
Funding fee$0$0$0
Note rate6.860%6.860%7.400%
Blended rate7.410%7.803%7.640%
1st payment$508.77$508.77$1,713.64
2nd payment$0.00$1,098.10$0.00
Taxes / mo$239.83$239.83$239.83
Insurance / mo$150.00$150.00$150.00
MI / mo$38.15$38.15$49.50
HOA / mo$100.00$100.00$100.00
Total monthly$1,036.75$2,134.85$2,252.97
Cash to close$192,215$27,500$27,500