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$181,958$178,200
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.670%7.400%
Blended rate5.520%7.640%
1st payment$1,014.95$1,233.82
2nd payment$0.00$0.00
Taxes / mo$55.33$55.33
Insurance / mo$150.00$150.00
MI / mo$139.10$35.64
HOA / mo$0.00$0.00
Total monthly$1,359.38$1,474.79
Cash to close$16,042$19,800