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$332,203$266,400
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.080%7.400%
Blended rate6.630%7.640%
1st payment$2,060.25$1,844.50
2nd payment$0.00$0.00
Taxes / mo$3.92$3.92
Insurance / mo$150.00$150.00
MI / mo$156.16$53.28
HOA / mo$96.00$96.00
Total monthly$2,466.32$2,147.70
Cash to close$0$29,600