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$331,676$319,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.120%7.400%
Blended rate7.670%7.640%
1st payment$2,304.98$2,212.15
2nd payment$0.00$0.00
Taxes / mo$195.83$195.83
Insurance / mo$150.00$150.00
MI / mo$156.89$63.90
HOA / mo$133.00$133.00
Total monthly$2,940.70$2,754.89
Cash to close$23,324$35,500