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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$0$0$332,991
Remaining term (yrs)——30.0
Secondary amount$0$332,991$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.850%7.750%7.640%
1st payment$0.00$0.00$2,305.56
2nd payment$0.00$2,150.57$0.00
Taxes / mo$30.33$30.33$30.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$120.00$120.00$120.00
Total monthly$300.33$2,450.90$2,672.49
Cash to close$369,990$36,999$36,999