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$438,420$341,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$2,192$0
Note rate6.460%7.400%
Blended rate6.460%7.640%
1st payment$2,828.35$2,361.71
2nd payment$0.00$0.00
Taxes / mo$122.42$122.42
Insurance / mo$150.00$150.00
MI / mo$0.00$68.22
HOA / mo$130.00$130.00
Total monthly$3,230.77$2,832.34
Cash to close$0$37,900