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$23,629$23,629$341,999
Remaining term (yrs)2.72.730.0
Secondary amount$0$318,370$0
Funding fee$0$0$0
Note rate7.100%7.100%7.400%
Blended rate7.950%7.764%7.640%
1st payment$769.26$769.26$2,367.93
2nd payment$0.00$2,056.14$0.00
Taxes / mo$183.83$183.83$183.83
Insurance / mo$150.00$150.00$150.00
MI / mo$81.08$81.08$68.40
HOA / mo$56.00$56.00$56.00
Total monthly$1,240.18$3,296.32$2,826.17
Cash to close$356,370$38,000$38,000