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$359,867$359,910
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$2,398.60$2,491.94
2nd payment$0.00$0.00
Taxes / mo$216.50$216.50
Insurance / mo$150.00$150.00
MI / mo$168.98$71.98
HOA / mo$91.00$91.00
Total monthly$3,025.07$3,021.43
Cash to close$40,033$39,990