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$295,649$288,900
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$1,988.42$2,000.29
2nd payment$0.00$0.00
Taxes / mo$77.92$77.92
Insurance / mo$150.00$150.00
MI / mo$139.51$57.78
HOA / mo$0.00$0.00
Total monthly$2,355.85$2,285.98
Cash to close$25,351$32,100