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$484,459$476,100
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.840%7.400%
Blended rate7.390%7.640%
1st payment$3,213.67$3,296.42
2nd payment$0.00$0.00
Taxes / mo$206.67$206.67
Insurance / mo$166.67$166.67
MI / mo$225.02$95.22
HOA / mo$114.00$114.00
Total monthly$3,926.02$3,878.97
Cash to close$44,541$52,900