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$183,116$183,116$449,100
Remaining term (yrs)19.619.630.0
Secondary amount$0$265,984$0
Funding fee$0$0$0
Note rate3.610%3.610%7.400%
Blended rate4.460%6.409%7.640%
1st payment$1,081.65$1,081.65$3,109.48
2nd payment$0.00$1,717.82$0.00
Taxes / mo$169.50$169.50$169.50
Insurance / mo$166.67$166.67$166.67
MI / mo$168.31$168.31$89.82
HOA / mo$98.00$98.00$98.00
Total monthly$1,684.12$3,401.94$3,633.46
Cash to close$315,884$49,900$49,900