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$379,600$352,800
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.400%
Blended rate6.670%7.640%
1st payment$2,355.93$2,442.72
2nd payment$0.00$0.00
Taxes / mo$213.00$213.00
Insurance / mo$150.00$150.00
MI / mo$177.81$70.56
HOA / mo$114.00$114.00
Total monthly$3,010.74$2,990.28
Cash to close$12,400$39,200