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$493,811$449,999
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.080%7.400%
Blended rate6.630%7.640%
1st payment$3,055.62$3,115.70
2nd payment$0.00$0.00
Taxes / mo$5.33$5.33
Insurance / mo$0.00$0.00
MI / mo$231.60$90.00
HOA / mo$87.00$87.00
Total monthly$3,379.55$3,298.04
Cash to close$6,188$50,000