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$489,100$395,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,446$0
Note rate6.820%7.400%
Blended rate6.820%7.640%
1st payment$3,279.36$2,735.59
2nd payment$0.00$0.00
Taxes / mo$130.67$130.67
Insurance / mo$150.00$150.00
MI / mo$0.00$79.02
HOA / mo$149.00$149.00
Total monthly$3,709.02$3,244.28
Cash to close$0$43,900