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$278,991
Remaining term (yrs)——30.0
Secondary amount$0$278,991$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$1,931.68
2nd payment$0.00$1,801.82$0.00
Taxes / mo$11.00$11.00$11.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$45.00$45.00$45.00
Total monthly$206.00$2,007.82$2,193.48
Cash to close$309,990$30,999$30,999