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$287,127$202,410
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$1,436$0
Note rate5.220%7.400%
Blended rate5.220%7.640%
1st payment$1,678.56$1,401.45
2nd payment$0.00$0.00
Taxes / mo$52.11$52.11
Insurance / mo$150.00$150.00
MI / mo$0.00$40.48
HOA / mo$195.00$195.00
Total monthly$2,075.67$1,839.04
Cash to close$0$22,490