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$418,355$310,500
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$2,092$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,695.62$2,149.84
2nd payment$0.00$0.00
Taxes / mo$41.50$41.50
Insurance / mo$150.00$150.00
MI / mo$0.00$62.10
HOA / mo$1,132.00$1,132.00
Total monthly$4,019.12$3,535.44
Cash to close$0$34,500