CR

Cody Ramirez

(602) 539-2857

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$492,714$440,100
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$3,165.09$3,047.16
2nd payment$0.00$0.00
Taxes / mo$11.67$11.67
Insurance / mo$166.67$166.67
MI / mo$229.51$88.02
HOA / mo$112.00$112.00
Total monthly$3,684.94$3,425.52
Cash to close$0$48,900