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$87,315$87,315$283,500
Remaining term (yrs)19.319.330.0
Secondary amount$0$196,185$0
Funding fee$0$0$0
Note rate3.760%3.760%7.400%
Blended rate4.610%6.956%7.640%
1st payment$528.60$528.60$1,962.90
2nd payment$0.00$1,307.90$0.00
Taxes / mo$54.33$54.33$54.33
Insurance / mo$150.00$150.00$150.00
MI / mo$80.75$80.75$56.70
HOA / mo$247.00$247.00$247.00
Total monthly$1,060.68$2,368.58$2,470.93
Cash to close$227,685$31,500$31,500