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$313,942$304,200
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$2,048.79$2,106.22
2nd payment$0.00$0.00
Taxes / mo$62.25$62.25
Insurance / mo$150.00$150.00
MI / mo$149.65$60.84
HOA / mo$377.00$377.00
Total monthly$2,787.69$2,756.31
Cash to close$24,058$33,800