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$338,220$320,400
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.260%7.400%
Blended rate6.810%7.640%
1st payment$2,178.73$2,218.38
2nd payment$0.00$0.00
Taxes / mo$173.42$173.42
Insurance / mo$150.00$150.00
MI / mo$162.01$64.08
HOA / mo$97.00$97.00
Total monthly$2,761.16$2,702.88
Cash to close$17,780$35,600