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$184,097$123,120
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.960%7.400%
Blended rate3.810%7.640%
1st payment$873.13$852.46
2nd payment$0.00$0.00
Taxes / mo$94.92$94.92
Insurance / mo$150.00$150.00
MI / mo$147.45$24.62
HOA / mo$355.00$355.00
Total monthly$1,620.49$1,477.00
Cash to close$0$13,680