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$481,203$444,600
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$3,115.92$3,078.32
2nd payment$0.00$0.00
Taxes / mo$173.25$173.25
Insurance / mo$166.67$166.67
MI / mo$229.52$88.92
HOA / mo$111.33$111.33
Total monthly$3,796.68$3,618.49
Cash to close$12,797$49,400