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$337,418$270,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.400%
Blended rate6.670%7.640%
1st payment$2,146.63$1,869.43
2nd payment$0.00$0.00
Taxes / mo$221.17$221.17
Insurance / mo$150.00$150.00
MI / mo$162.01$54.00
HOA / mo$0.00$0.00
Total monthly$2,679.81$2,294.59
Cash to close$0$30,000