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$336,053$328,500
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.490%7.400%
Blended rate7.040%7.640%
1st payment$2,169.87$2,274.47
2nd payment$0.00$0.00
Taxes / mo$11.42$11.42
Insurance / mo$150.00$150.00
MI / mo$157.51$65.70
HOA / mo$97.00$97.00
Total monthly$2,585.80$2,598.58
Cash to close$28,947$36,500