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$562,126$405,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,811$0
Note rate6.920%7.400%
Blended rate6.920%7.640%
1st payment$3,790.69$2,804.14
2nd payment$0.00$0.00
Taxes / mo$221.00$221.00
Insurance / mo$150.00$150.00
MI / mo$0.00$81.00
HOA / mo$639.00$639.00
Total monthly$4,800.69$3,895.14
Cash to close$0$45,000