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$13,523$13,523$324,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$310,477$0
Funding fee$0$0$0
Note rate6.490%6.490%7.400%
Blended rate7.040%7.720%7.640%
1st payment$88.47$88.47$2,243.31
2nd payment$0.00$2,005.16$0.00
Taxes / mo$112.58$112.58$112.58
Insurance / mo$150.00$150.00$150.00
MI / mo$6.35$6.35$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$357.40$2,362.56$2,570.69
Cash to close$346,477$36,000$36,000