Sophia Sommer

(602) 512-9825
The Sommer Group
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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$376,062$323,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate0.000%7.400%
Blended rate0.550%7.640%
1st payment$1,044.62$2,242.69
2nd payment$0.00$0.00
Taxes / mo$68.25$68.25
Insurance / mo$150.00$150.00
MI / mo$172.36$64.78
HOA / mo$0.00$0.00
Total monthly$1,435.23$2,525.72
Cash to close$0$35,990