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$274,546$274,546$391,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$116,954$0
Funding fee$1,373$1,373$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.948%7.640%
1st payment$1,753.23$1,753.23$2,710.67
2nd payment$0.00$779.69$0.00
Taxes / mo$217.08$217.08$217.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$236.67$236.67$236.67
Total monthly$2,356.98$3,136.68$3,392.72
Cash to close$160,454$43,500$43,500