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$402,528$402,528$414,000
Remaining term (yrs)28.028.030.0
Secondary amount$0$34,472$0
Funding fee$0$0$0
Note rate6.080%6.080%7.400%
Blended rate6.630%7.044%7.640%
1st payment$2,490.78$2,490.78$2,866.45
2nd payment$0.00$341.13$0.00
Taxes / mo$139.58$139.58$139.58
Insurance / mo$166.67$166.67$166.67
MI / mo$188.79$188.79$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,985.82$3,326.95$3,255.50
Cash to close$57,472$23,000$46,000