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$340,924$314,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$2,267.77$2,180.37
2nd payment$0.00$0.00
Taxes / mo$64.83$64.83
Insurance / mo$150.00$150.00
MI / mo$159.76$62.98
HOA / mo$130.00$130.00
Total monthly$2,772.37$2,588.19
Cash to close$8,976$34,990