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$411,957$315,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,060$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$2,683.85$2,181.00
2nd payment$0.00$0.00
Taxes / mo$173.50$173.50
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$35.00$35.00
Total monthly$3,042.35$2,602.50
Cash to close$0$35,000