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$133,642$133,642$391,500
Remaining term (yrs)18.518.530.0
Secondary amount$0$257,858$0
Funding fee$0$0$0
Note rate3.700%3.700%7.400%
Blended rate4.550%6.658%7.640%
1st payment$827.06$827.06$2,710.67
2nd payment$0.00$1,665.33$0.00
Taxes / mo$195.00$195.00$195.00
Insurance / mo$150.00$150.00$150.00
MI / mo$127.28$127.28$78.30
HOA / mo$38.00$38.00$38.00
Total monthly$1,337.34$3,002.67$3,171.97
Cash to close$301,358$43,500$43,500