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$273,773$257,400
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$1,786.64$1,782.19
2nd payment$0.00$0.00
Taxes / mo$94.25$94.25
Insurance / mo$150.00$150.00
MI / mo$130.50$51.48
HOA / mo$55.00$55.00
Total monthly$2,216.40$2,132.92
Cash to close$12,227$28,600