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$310,290$310,290$350,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$39,810$0
Funding fee$0$0$0
Note rate3.170%3.170%7.400%
Blended rate4.020%4.586%7.640%
1st payment$1,512.31$1,512.31$2,424.02
2nd payment$0.00$298.58$0.00
Taxes / mo$115.50$115.50$115.50
Insurance / mo$150.00$150.00$150.00
MI / mo$248.64$248.64$70.02
HOA / mo$62.00$62.00$62.00
Total monthly$2,088.45$2,387.03$2,821.54
Cash to close$78,710$38,900$38,900