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$434,135$434,135$472,500
Remaining term (yrs)26.826.830.0
Secondary amount$0$38,365$0
Funding fee$0$0$0
Note rate6.710%6.710%7.400%
Blended rate7.260%7.401%7.640%
1st payment$2,907.65$2,907.65$3,271.49
2nd payment$0.00$287.74$0.00
Taxes / mo$150.67$150.67$150.67
Insurance / mo$166.67$166.67$166.67
MI / mo$206.32$206.32$94.50
HOA / mo$91.67$91.67$91.67
Total monthly$3,522.97$3,810.71$3,775.00
Cash to close$90,865$52,500$52,500