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$338,165$338,165$350,550
Remaining term (yrs)25.925.930.0
Secondary amount$0$31,860$0
Funding fee$0$0$0
Note rate4.990%4.990%7.400%
Blended rate5.840%6.360%7.640%
1st payment$1,936.86$1,936.86$2,427.14
2nd payment$0.00$315.28$0.00
Taxes / mo$162.67$162.67$162.67
Insurance / mo$150.00$150.00$150.00
MI / mo$255.86$255.86$70.11
HOA / mo$45.00$45.00$45.00
Total monthly$2,550.38$2,865.66$2,854.91
Cash to close$51,335$19,475$38,950