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$368,579$359,910
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.400%
Blended rate7.200%7.640%
1st payment$2,399.00$2,491.94
2nd payment$0.00$0.00
Taxes / mo$23.25$23.25
Insurance / mo$150.00$150.00
MI / mo$171.28$71.98
HOA / mo$36.00$36.00
Total monthly$2,779.52$2,773.18
Cash to close$31,321$39,990