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$359,561$344,250
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.180%7.400%
Blended rate7.730%7.640%
1st payment$2,515.46$2,383.52
2nd payment$0.00$0.00
Taxes / mo$101.25$101.25
Insurance / mo$150.00$150.00
MI / mo$170.19$68.85
HOA / mo$191.00$191.00
Total monthly$3,127.90$2,894.62
Cash to close$22,939$38,250