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$258,594$258,594$539,820
Remaining term (yrs)29.529.530.0
Secondary amount$0$281,226$0
Funding fee$0$0$0
Note rate4.990%4.990%7.400%
Blended rate5.540%6.691%7.640%
1st payment$1,393.36$1,393.36$3,737.60
2nd payment$0.00$1,816.25$0.00
Taxes / mo$42.58$42.58$42.58
Insurance / mo$166.67$166.67$166.67
MI / mo$119.10$119.10$107.96
HOA / mo$0.00$0.00$0.00
Total monthly$1,721.71$3,537.96$4,054.82
Cash to close$341,206$59,980$59,980