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$269,550
Remaining term (yrs)0.00.030.0
Secondary amount$0$269,550$0
Funding fee$0$0$0
Note rate8.510%8.510%7.400%
Blended rate9.360%7.750%7.640%
1st payment$380.48$380.48$1,866.31
2nd payment$0.00$1,740.84$0.00
Taxes / mo$63.58$63.58$63.58
Insurance / mo$150.00$150.00$150.00
MI / mo$35.02$35.02$53.91
HOA / mo$0.00$0.00$0.00
Total monthly$629.08$2,369.92$2,133.80
Cash to close$299,500$29,950$29,950