CR

Cody Ramirez

(602) 539-2857

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
Current Market Conventional
New · Conventional
Loan amount$371,527$368,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$2,386.95$2,554.26
2nd payment$0.00$0.00
Taxes / mo$209.17$209.17
Insurance / mo$150.00$150.00
MI / mo$177.31$73.78
HOA / mo$78.00$78.00
Total monthly$3,001.43$3,065.21
Cash to close$38,373$40,990