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$460,510$433,800
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$2,997.25$3,003.54
2nd payment$0.00$0.00
Taxes / mo$3.08$3.08
Insurance / mo$166.67$166.67
MI / mo$214.21$86.76
HOA / mo$155.00$155.00
Total monthly$3,536.21$3,415.05
Cash to close$21,490$48,200