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$373,892$350,999
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.520%7.400%
Blended rate6.370%7.640%
1st payment$2,262.88$2,430.25
2nd payment$0.00$0.00
Taxes / mo$69.00$69.00
Insurance / mo$150.00$150.00
MI / mo$281.68$70.20
HOA / mo$41.67$41.67
Total monthly$2,805.23$2,761.12
Cash to close$16,107$39,000