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$384,042$292,410
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,920$0
Note rate6.850%7.400%
Blended rate6.850%7.640%
1st payment$2,572.15$2,024.59
2nd payment$0.00$0.00
Taxes / mo$171.42$171.42
Insurance / mo$150.00$150.00
MI / mo$0.00$58.48
HOA / mo$90.00$90.00
Total monthly$2,983.57$2,494.49
Cash to close$0$32,490