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$229,256$229,256$279,000
Remaining term (yrs)28.528.530.0
Secondary amount$0$49,744$0
Funding fee$0$0$0
Note rate6.910%6.910%7.400%
Blended rate7.460%7.735%7.640%
1st payment$1,532.79$1,532.79$1,931.74
2nd payment$0.00$373.08$0.00
Taxes / mo$153.00$153.00$153.00
Insurance / mo$150.00$150.00$150.00
MI / mo$106.56$106.56$55.80
HOA / mo$77.00$77.00$77.00
Total monthly$2,019.35$2,392.43$2,367.54
Cash to close$80,744$31,000$31,000