Sophia Sommer

(602) 512-9825
The Sommer Group
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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 · VA
Current Market Conventional
New · Conventional
Loan amount$341,511$238,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,708$0
Note rate7.060%7.400%
Blended rate7.060%7.640%
1st payment$2,338.92$1,651.33
2nd payment$0.00$0.00
Taxes / mo$90.33$90.33
Insurance / mo$150.00$150.00
MI / mo$0.00$47.70
HOA / mo$0.00$0.00
Total monthly$2,579.25$1,939.36
Cash to close$0$26,500