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$323,726$305,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.400%
Blended rate6.940%7.640%
1st payment$2,104.42$2,118.06
2nd payment$0.00$0.00
Taxes / mo$61.83$61.83
Insurance / mo$150.00$150.00
MI / mo$154.36$61.18
HOA / mo$0.00$0.00
Total monthly$2,470.61$2,391.07
Cash to close$16,174$33,990