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$523,946$517,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$3,523.85$3,583.07
2nd payment$0.00$0.00
Taxes / mo$287.50$287.50
Insurance / mo$166.67$166.67
MI / mo$247.24$103.50
HOA / mo$160.00$160.00
Total monthly$4,385.25$4,300.73
Cash to close$51,054$57,500