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$321,284$314,991
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.980%7.400%
Blended rate6.530%7.640%
1st payment$1,933.87$2,180.93
2nd payment$0.00$0.00
Taxes / mo$79.92$79.92
Insurance / mo$150.00$150.00
MI / mo$148.15$63.00
HOA / mo$74.00$74.00
Total monthly$2,385.94$2,547.85
Cash to close$28,706$34,999