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$352,941$288,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,765$0
Note rate6.920%7.400%
Blended rate6.920%7.640%
1st payment$2,382.38$1,994.05
2nd payment$0.00$0.00
Taxes / mo$85.83$85.83
Insurance / mo$150.00$150.00
MI / mo$0.00$57.60
HOA / mo$75.00$75.00
Total monthly$2,693.21$2,362.49
Cash to close$0$32,000