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$210,528$108,000
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$1,373.91$747.77
2nd payment$0.00$0.00
Taxes / mo$38.25$38.25
Insurance / mo$150.00$150.00
MI / mo$100.36$21.60
HOA / mo$0.00$0.00
Total monthly$1,662.52$957.62
Cash to close$0$12,000