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$382,477$358,200
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$2,594.37$2,480.10
2nd payment$0.00$0.00
Taxes / mo$187.08$187.08
Insurance / mo$150.00$150.00
MI / mo$179.63$71.64
HOA / mo$96.00$96.00
Total monthly$3,207.09$2,984.83
Cash to close$15,523$39,800