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$296,997$269,100
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.750%7.640%
1st payment$2,043.48$1,863.19
2nd payment$0.00$0.00
Taxes / mo$69.00$69.00
Insurance / mo$150.00$150.00
MI / mo$219.78$53.82
HOA / mo$91.00$91.00
Total monthly$2,573.26$2,227.01
Cash to close$2,003$29,900