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$275,309$242,910
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,377$0
Note rate7.060%7.400%
Blended rate7.060%7.640%
1st payment$1,885.52$1,681.86
2nd payment$0.00$0.00
Taxes / mo$77.42$77.42
Insurance / mo$150.00$150.00
MI / mo$0.00$48.58
HOA / mo$20.83$20.83
Total monthly$2,133.76$1,978.69
Cash to close$0$26,990