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$481,448$467,910
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$3,130.49$3,239.71
2nd payment$0.00$0.00
Taxes / mo$136.83$136.83
Insurance / mo$166.67$166.67
MI / mo$223.73$93.58
HOA / mo$79.33$79.33
Total monthly$3,737.05$3,716.13
Cash to close$38,452$51,990