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$535,365$476,999
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$2,677$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,446.03$3,302.65
2nd payment$0.00$0.00
Taxes / mo$168.58$168.58
Insurance / mo$166.67$166.67
MI / mo$0.00$95.40
HOA / mo$0.00$0.00
Total monthly$3,781.28$3,733.30
Cash to close$0$53,000