Sophia Sommer

(602) 512-9825
The Sommer Group
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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$319,065$256,410
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$2,059.86$1,775.33
2nd payment$0.00$0.00
Taxes / mo$174.83$174.83
Insurance / mo$150.00$150.00
MI / mo$153.01$51.28
HOA / mo$108.00$108.00
Total monthly$2,645.70$2,259.45
Cash to close$0$28,490