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$396,163$359,999
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$1,981$0
Note rate6.990%7.400%
Blended rate6.990%7.640%
1st payment$2,697.60$2,492.56
2nd payment$0.00$0.00
Taxes / mo$98.08$98.08
Insurance / mo$150.00$150.00
MI / mo$0.00$72.00
HOA / mo$85.00$85.00
Total monthly$3,030.68$2,897.64
Cash to close$3,836$40,000