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$256,645$256,645$314,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$57,455$0
Funding fee$0$0$0
Note rate6.930%6.930%7.400%
Blended rate7.480%7.758%7.640%
1st payment$1,724.11$1,724.11$2,174.76
2nd payment$0.00$430.91$0.00
Taxes / mo$103.42$103.42$103.42
Insurance / mo$150.00$150.00$150.00
MI / mo$119.62$119.62$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,097.14$2,528.05$2,491.00
Cash to close$92,355$34,900$34,900