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$206,057$206,057$266,400
Remaining term (yrs)27.027.030.0
Secondary amount$0$60,343$0
Funding fee$0$0$0
Note rate7.120%7.120%7.400%
Blended rate7.670%7.971%7.640%
1st payment$1,431.99$1,431.99$1,844.50
2nd payment$0.00$452.57$0.00
Taxes / mo$74.58$74.58$74.58
Insurance / mo$150.00$150.00$150.00
MI / mo$97.47$97.47$53.28
HOA / mo$56.67$56.67$56.67
Total monthly$1,810.71$2,263.29$2,179.03
Cash to close$89,943$29,600$29,600