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$695,511$540,000
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$3,478$0
Note rate7.070%7.400%
Blended rate7.070%7.640%
1st payment$4,810.67$3,738.85
2nd payment$0.00$0.00
Taxes / mo$297.50$297.50
Insurance / mo$166.67$166.67
MI / mo$0.00$108.00
HOA / mo$89.00$89.00
Total monthly$5,363.84$4,400.02
Cash to close$0$60,000