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$409,155$332,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.400%
Blended rate7.200%7.640%
1st payment$2,736.90$2,305.00
2nd payment$0.00$0.00
Taxes / mo$250.00$250.00
Insurance / mo$150.00$150.00
MI / mo$195.40$66.58
HOA / mo$136.00$136.00
Total monthly$3,468.30$2,907.58
Cash to close$0$36,990