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$304,988$256,410
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$1,968.99$1,775.33
2nd payment$0.00$0.00
Taxes / mo$70.67$70.67
Insurance / mo$150.00$150.00
MI / mo$146.26$51.28
HOA / mo$91.00$91.00
Total monthly$2,426.91$2,138.28
Cash to close$0$28,490