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$329,122$230,400
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.000%7.400%
Blended rate4.850%7.640%
1st payment$1,711.00$1,595.24
2nd payment$0.00$0.00
Taxes / mo$37.50$37.50
Insurance / mo$150.00$150.00
MI / mo$253.86$46.08
HOA / mo$0.00$0.00
Total monthly$2,152.36$1,828.82
Cash to close$0$25,600