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$208,276$211,410
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.400%
Blended rate6.070%7.640%
1st payment$1,221.25$1,463.76
2nd payment$0.00$0.00
Taxes / mo$28.12$28.12
Insurance / mo$150.00$150.00
MI / mo$157.18$42.28
HOA / mo$219.00$219.00
Total monthly$1,775.56$1,903.16
Cash to close$26,624$23,490