Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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
Current Market Conventional
New · Conventional
Loan amount$355,513$359,865
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.760%7.400%
Blended rate4.610%7.640%
1st payment$1,804.62$2,491.63
2nd payment$0.00$0.00
Taxes / mo$150.42$150.42
Insurance / mo$150.00$150.00
MI / mo$275.68$71.97
HOA / mo$120.00$120.00
Total monthly$2,500.72$2,984.02
Cash to close$44,337$39,985