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$47,307$47,307$312,750
Remaining term (yrs)6.66.630.0
Secondary amount$0$265,443$0
Funding fee$0$0$0
Note rate5.700%5.700%7.400%
Blended rate6.550%7.568%7.640%
1st payment$704.94$704.94$2,165.42
2nd payment$0.00$1,714.32$0.00
Taxes / mo$78.25$78.25$78.25
Insurance / mo$150.00$150.00$150.00
MI / mo$86.03$86.03$62.55
HOA / mo$20.00$20.00$20.00
Total monthly$1,039.23$2,753.55$2,476.22
Cash to close$300,193$34,750$34,750