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$349,593$327,600
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$2,346.63$2,268.24
2nd payment$0.00$0.00
Taxes / mo$124.08$124.08
Insurance / mo$150.00$150.00
MI / mo$166.51$65.52
HOA / mo$62.00$62.00
Total monthly$2,849.22$2,669.84
Cash to close$14,407$36,400