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$372,839$359,100
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.990%7.400%
Blended rate5.840%7.640%
1st payment$2,135.45$2,486.34
2nd payment$0.00$0.00
Taxes / mo$107.17$107.17
Insurance / mo$150.00$150.00
MI / mo$282.09$71.82
HOA / mo$97.00$97.00
Total monthly$2,771.71$2,912.32
Cash to close$26,161$39,900