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$299,084$238,410
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.780%7.400%
Blended rate6.630%7.640%
1st payment$1,857.35$1,650.70
2nd payment$0.00$0.00
Taxes / mo$154.75$154.75
Insurance / mo$150.00$150.00
MI / mo$224.71$47.68
HOA / mo$79.00$79.00
Total monthly$2,465.81$2,082.13
Cash to close$0$26,490