Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$319,955$245,714
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.410%7.400%
Blended rate6.260%7.640%
1st payment$1,912.45$1,701.27
2nd payment$0.00$0.00
Taxes / mo$148.83$148.83
Insurance / mo$150.00$150.00
MI / mo$240.97$49.14
HOA / mo$142.00$142.00
Total monthly$2,594.25$2,191.25
Cash to close$0$27,302