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$187,632$187,632$287,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$100,278$0
Funding fee$0$0$0
Note rate3.550%3.550%7.400%
Blended rate4.400%5.654%7.640%
1st payment$993.34$993.34$1,993.43
2nd payment$0.00$668.52$0.00
Taxes / mo$92.50$92.50$92.50
Insurance / mo$150.00$150.00$150.00
MI / mo$155.72$155.72$57.58
HOA / mo$57.00$57.00$57.00
Total monthly$1,448.57$2,117.09$2,350.51
Cash to close$132,268$31,990$31,990