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$1$1$539,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$539,099$0
Funding fee$0$0$0
Note rate4.640%4.640%7.400%
Blended rate5.490%7.750%7.640%
1st payment$0.01$0.01$3,732.62
2nd payment$0.00$3,481.68$0.00
Taxes / mo$152.00$152.00$152.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$126.00$126.00$126.00
Total monthly$444.67$3,926.35$4,285.11
Cash to close$598,999$59,900$59,900