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$439,383$432,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.400%
Blended rate7.220%7.640%
1st payment$2,873.95$2,991.08
2nd payment$0.00$0.00
Taxes / mo$105.75$105.75
Insurance / mo$166.67$166.67
MI / mo$204.76$86.40
HOA / mo$0.00$0.00
Total monthly$3,351.13$3,349.90
Cash to close$40,617$48,000