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$276,253$264,600
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.860%7.400%
Blended rate7.410%7.640%
1st payment$1,834.48$1,832.04
2nd payment$0.00$0.00
Taxes / mo$126.92$126.92
Insurance / mo$150.00$150.00
MI / mo$128.19$52.92
HOA / mo$84.00$84.00
Total monthly$2,323.59$2,245.87
Cash to close$17,747$29,400