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$666,616$517,500
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$3,333$0
Note rate6.600%7.400%
Blended rate6.600%7.640%
1st payment$4,342.87$3,583.07
2nd payment$0.00$0.00
Taxes / mo$231.50$231.50
Insurance / mo$166.67$166.67
MI / mo$0.00$103.50
HOA / mo$33.33$33.33
Total monthly$4,774.36$4,118.06
Cash to close$0$57,500