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$262,438$238,410
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.260%7.400%
Blended rate6.810%7.640%
1st payment$1,633.42$1,650.70
2nd payment$0.00$0.00
Taxes / mo$1.50$1.50
Insurance / mo$150.00$150.00
MI / mo$121.46$47.68
HOA / mo$79.00$79.00
Total monthly$1,985.38$1,928.88
Cash to close$2,462$26,490