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$392,181$337,410
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$1,961$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,516.77$2,336.16
2nd payment$0.00$0.00
Taxes / mo$89.42$89.42
Insurance / mo$150.00$150.00
MI / mo$0.00$67.48
HOA / mo$75.00$75.00
Total monthly$2,831.19$2,718.06
Cash to close$0$37,490