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$431,532$390,600
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.400%
Blended rate6.750%7.640%
1st payment$2,703.17$2,704.44
2nd payment$0.00$0.00
Taxes / mo$113.50$113.50
Insurance / mo$150.00$150.00
MI / mo$202.29$78.12
HOA / mo$152.00$152.00
Total monthly$3,320.96$3,198.06
Cash to close$2,468$43,400