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$368,584$307,800
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,843$0
Note rate6.920%7.400%
Blended rate6.920%7.640%
1st payment$2,487.97$2,131.15
2nd payment$0.00$0.00
Taxes / mo$136.83$136.83
Insurance / mo$150.00$150.00
MI / mo$0.00$61.56
HOA / mo$87.00$87.00
Total monthly$2,861.80$2,566.54
Cash to close$0$34,200