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$331,436$251,910
Remaining term (yrs)23.930.0
Secondary amount$0$0
Funding fee$1,657$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,275.45$1,744.17
2nd payment$0.00$0.00
Taxes / mo$174.58$174.58
Insurance / mo$150.00$150.00
MI / mo$0.00$50.38
HOA / mo$180.00$180.00
Total monthly$2,780.03$2,299.14
Cash to close$0$27,990