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$350,302$310,410
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,752$0
Note rate6.340%7.400%
Blended rate6.340%7.640%
1st payment$2,268.78$2,149.22
2nd payment$0.00$0.00
Taxes / mo$63.25$63.25
Insurance / mo$150.00$150.00
MI / mo$0.00$62.08
HOA / mo$240.00$240.00
Total monthly$2,722.03$2,664.55
Cash to close$0$34,490