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$674,218$562,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$3,371$0
Note rate6.820%7.400%
Blended rate6.820%7.640%
1st payment$4,520.55$3,894.64
2nd payment$0.00$0.00
Taxes / mo$280.83$280.83
Insurance / mo$166.67$166.67
MI / mo$0.00$112.50
HOA / mo$128.33$128.33
Total monthly$5,096.38$4,582.97
Cash to close$0$62,500