Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$601,865$566,550
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$3,009$0
Note rate7.060%7.400%
Blended rate7.060%7.640%
1st payment$4,122.01$3,922.68
2nd payment$0.00$0.00
Taxes / mo$273.50$273.50
Insurance / mo$166.67$166.67
MI / mo$0.00$113.31
HOA / mo$256.00$256.00
Total monthly$4,818.18$4,732.15
Cash to close$27,635$62,950