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$452,468$449,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$2,991.38$3,115.09
2nd payment$0.00$0.00
Taxes / mo$270.00$270.00
Insurance / mo$166.67$166.67
MI / mo$216.02$89.98
HOA / mo$60.67$60.67
Total monthly$3,704.74$3,702.40
Cash to close$47,432$49,990