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$37,414$37,414$368,910
Remaining term (yrs)4.44.430.0
Secondary amount$0$331,496$0
Funding fee$0$0$0
Note rate7.110%7.110%7.400%
Blended rate7.960%7.771%7.640%
1st payment$811.62$811.62$2,554.26
2nd payment$0.00$2,140.91$0.00
Taxes / mo$150.25$150.25$150.25
Insurance / mo$150.00$150.00$150.00
MI / mo$85.46$85.46$73.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,197.33$3,338.24$2,928.29
Cash to close$372,486$40,990$40,990