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$455,834$382,410
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,279$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$3,038.24$2,647.73
2nd payment$0.00$0.00
Taxes / mo$226.75$226.75
Insurance / mo$150.00$150.00
MI / mo$0.00$76.48
HOA / mo$102.00$102.00
Total monthly$3,516.99$3,202.96
Cash to close$0$42,490