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$405,911$386,999
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.780%7.400%
Blended rate6.630%7.640%
1st payment$2,520.76$2,679.50
2nd payment$0.00$0.00
Taxes / mo$199.67$199.67
Insurance / mo$150.00$150.00
MI / mo$304.97$77.40
HOA / mo$74.00$74.00
Total monthly$3,249.40$3,180.57
Cash to close$24,088$43,000