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$252,830$252,830$391,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$138,670$0
Funding fee$0$0$0
Note rate2.800%2.800%7.400%
Blended rate3.650%5.191%7.640%
1st payment$1,172.81$1,172.81$2,710.67
2nd payment$0.00$924.47$0.00
Taxes / mo$183.67$183.67$183.67
Insurance / mo$150.00$150.00$150.00
MI / mo$202.18$202.18$78.30
HOA / mo$97.00$97.00$97.00
Total monthly$1,805.66$2,730.13$3,219.63
Cash to close$182,170$43,500$43,500