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$385,214$377,099
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.170%7.400%
Blended rate7.720%7.640%
1st payment$2,671.29$2,610.96
2nd payment$0.00$0.00
Taxes / mo$192.42$192.42
Insurance / mo$150.00$150.00
MI / mo$180.91$75.42
HOA / mo$92.00$92.00
Total monthly$3,286.62$3,120.79
Cash to close$33,785$41,900