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$333,886$336,600
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.020%7.400%
Blended rate7.570%7.640%
1st payment$2,277.90$2,330.55
2nd payment$0.00$0.00
Taxes / mo$219.83$219.83
Insurance / mo$150.00$150.00
MI / mo$156.61$67.32
HOA / mo$70.00$70.00
Total monthly$2,874.35$2,837.70
Cash to close$40,114$37,400