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$266,879$201,600
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.410%7.400%
Blended rate6.260%7.640%
1st payment$1,595.20$1,395.84
2nd payment$0.00$0.00
Taxes / mo$38.67$38.67
Insurance / mo$150.00$150.00
MI / mo$201.00$40.32
HOA / mo$224.00$224.00
Total monthly$2,208.87$1,848.82
Cash to close$0$22,400