Sophia Sommer

(602) 512-9825
The Sommer Group
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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$367,683$292,410
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.360%7.400%
Blended rate7.210%7.640%
1st payment$2,397.49$2,024.59
2nd payment$0.00$0.00
Taxes / mo$153.55$153.55
Insurance / mo$150.00$150.00
MI / mo$272.64$58.48
HOA / mo$156.00$156.00
Total monthly$3,129.68$2,542.62
Cash to close$0$32,490