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$457,725$449,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.400%
Blended rate7.430%7.640%
1st payment$3,090.03$3,109.48
2nd payment$0.00$0.00
Taxes / mo$253.58$253.58
Insurance / mo$166.67$166.67
MI / mo$215.48$89.82
HOA / mo$95.00$95.00
Total monthly$3,820.76$3,714.55
Cash to close$41,275$49,900