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$463,611$457,110
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.400%
Blended rate6.940%7.640%
1st payment$3,013.76$3,164.94
2nd payment$0.00$0.00
Taxes / mo$135.33$135.33
Insurance / mo$166.67$166.67
MI / mo$221.06$91.42
HOA / mo$149.00$149.00
Total monthly$3,685.82$3,707.36
Cash to close$44,289$50,790