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$470,633$427,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,353$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$3,107.11$2,959.92
2nd payment$0.00$0.00
Taxes / mo$209.83$209.83
Insurance / mo$166.67$166.67
MI / mo$0.00$85.50
HOA / mo$102.00$102.00
Total monthly$3,585.61$3,523.92
Cash to close$4,367$47,500