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$286,810$289,800
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.990%7.400%
Blended rate5.540%7.640%
1st payment$1,585.99$2,006.52
2nd payment$0.00$0.00
Taxes / mo$1.50$1.50
Insurance / mo$150.00$150.00
MI / mo$135.56$57.96
HOA / mo$79.00$79.00
Total monthly$1,952.05$2,294.98
Cash to close$35,190$32,200