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 · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$226,920$226,920$328,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$101,580$0
Funding fee$1,135$1,135$0
Note rate6.890%6.890%7.400%
Blended rate6.890%7.233%7.640%
1st payment$1,517.00$1,517.00$2,274.47
2nd payment$0.00$677.20$0.00
Taxes / mo$148.33$148.33$148.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,815.33$2,492.54$2,638.50
Cash to close$138,080$36,500$36,500