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$268,916$268,916$357,300
Remaining term (yrs)24.124.130.0
Secondary amount$0$88,384$0
Funding fee$0$0$0
Note rate2.800%2.800%7.400%
Blended rate3.650%4.973%7.640%
1st payment$1,274.12$1,274.12$2,473.87
2nd payment$0.00$662.88$0.00
Taxes / mo$236.00$236.00$236.00
Insurance / mo$150.00$150.00$150.00
MI / mo$219.64$219.64$71.46
HOA / mo$610.00$610.00$610.00
Total monthly$2,489.76$3,152.64$3,541.33
Cash to close$128,084$39,700$39,700