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$546,634$521,100
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$3,575.46$3,607.99
2nd payment$0.00$0.00
Taxes / mo$200.92$200.92
Insurance / mo$166.67$166.67
MI / mo$254.75$104.22
HOA / mo$169.00$169.00
Total monthly$4,366.79$4,248.79
Cash to close$32,366$57,900