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$215,838$205,200
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$1,393.44$1,420.76
2nd payment$0.00$0.00
Taxes / mo$36.58$36.58
Insurance / mo$150.00$150.00
MI / mo$103.51$41.04
HOA / mo$65.00$65.00
Total monthly$1,748.53$1,713.39
Cash to close$12,162$22,800