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$461,530$449,999
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.400%
Blended rate7.170%7.640%
1st payment$3,047.62$3,115.70
2nd payment$0.00$0.00
Taxes / mo$218.92$218.92
Insurance / mo$166.67$166.67
MI / mo$218.26$90.00
HOA / mo$83.33$83.33
Total monthly$3,734.79$3,674.62
Cash to close$38,469$50,000