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$361,307$350,100
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.400%
Blended rate7.120%7.640%
1st payment$2,390.13$2,424.02
2nd payment$0.00$0.00
Taxes / mo$225.67$225.67
Insurance / mo$150.00$150.00
MI / mo$172.06$70.02
HOA / mo$91.00$91.00
Total monthly$3,028.86$2,960.71
Cash to close$27,693$38,900