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$328,449$310,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$2,120.45$2,149.84
2nd payment$0.00$0.00
Taxes / mo$157.50$157.50
Insurance / mo$150.00$150.00
MI / mo$157.51$62.10
HOA / mo$139.00$139.00
Total monthly$2,724.46$2,658.44
Cash to close$16,551$34,500