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$529,744$449,910
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$3,413.34$3,115.09
2nd payment$0.00$0.00
Taxes / mo$20.33$20.33
Insurance / mo$166.67$166.67
MI / mo$247.51$89.98
HOA / mo$120.00$120.00
Total monthly$3,967.85$3,512.07
Cash to close$0$49,990