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$312,154$278,100
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,561$0
Note rate7.440%7.400%
Blended rate7.440%7.640%
1st payment$2,226.79$1,925.51
2nd payment$0.00$0.00
Taxes / mo$77.58$77.58
Insurance / mo$150.00$150.00
MI / mo$0.00$55.62
HOA / mo$82.00$82.00
Total monthly$2,536.37$2,290.71
Cash to close$0$30,900