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$291,487$291,487$333,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$41,513$0
Funding fee$0$0$0
Note rate2.810%2.810%7.400%
Blended rate3.660%4.326%7.640%
1st payment$1,369.47$1,369.47$2,305.62
2nd payment$0.00$311.35$0.00
Taxes / mo$210.08$210.08$210.08
Insurance / mo$150.00$150.00$150.00
MI / mo$235.78$235.78$66.60
HOA / mo$90.00$90.00$90.00
Total monthly$2,055.33$2,366.68$2,822.31
Cash to close$78,513$37,000$37,000