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$344,587$269,100
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.430%7.400%
Blended rate6.980%7.640%
1st payment$2,248.78$1,863.19
2nd payment$0.00$0.00
Taxes / mo$176.17$176.17
Insurance / mo$150.00$150.00
MI / mo$164.26$53.82
HOA / mo$74.67$74.67
Total monthly$2,813.88$2,317.85
Cash to close$0$29,900