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$490,874$463,491
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.400%
Blended rate7.580%7.640%
1st payment$3,372.09$3,209.12
2nd payment$0.00$0.00
Taxes / mo$184.50$184.50
Insurance / mo$166.67$166.67
MI / mo$231.61$92.70
HOA / mo$153.00$153.00
Total monthly$4,107.87$3,805.98
Cash to close$24,116$51,499