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$440,341$367,200
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$2,949.22$2,542.42
2nd payment$0.00$0.00
Taxes / mo$100.50$100.50
Insurance / mo$150.00$150.00
MI / mo$209.26$73.44
HOA / mo$0.00$0.00
Total monthly$3,408.98$2,866.36
Cash to close$0$40,800