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$487,062$487,062$490,410
Remaining term (yrs)28.928.930.0
Secondary amount$0$30,593$0
Funding fee$0$0$0
Note rate6.630%6.630%7.400%
Blended rate7.180%7.457%7.640%
1st payment$3,154.72$3,154.72$3,395.50
2nd payment$0.00$302.74$0.00
Taxes / mo$136.17$136.17$136.17
Insurance / mo$166.67$166.67$166.67
MI / mo$225.70$225.70$98.08
HOA / mo$0.00$0.00$0.00
Total monthly$3,683.26$3,986.00$3,796.42
Cash to close$57,838$27,245$54,490