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$287,048$256,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,435$0
Note rate6.850%7.400%
Blended rate6.850%7.640%
1st payment$1,922.53$1,775.95
2nd payment$0.00$0.00
Taxes / mo$86.42$86.42
Insurance / mo$150.00$150.00
MI / mo$0.00$51.30
HOA / mo$73.00$73.00
Total monthly$2,231.95$2,136.67
Cash to close$0$28,500