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$284,387$233,910
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.110%7.400%
Blended rate6.960%7.640%
1st payment$1,816.74$1,619.55
2nd payment$0.00$0.00
Taxes / mo$99.08$99.08
Insurance / mo$150.00$150.00
MI / mo$212.13$46.78
HOA / mo$200.00$200.00
Total monthly$2,477.95$2,115.41
Cash to close$0$25,990