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$323,495$306,000
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,617$0
Note rate7.620%7.400%
Blended rate7.620%7.640%
1st payment$2,348.73$2,118.68
2nd payment$0.00$0.00
Taxes / mo$131.75$131.75
Insurance / mo$150.00$150.00
MI / mo$0.00$61.20
HOA / mo$100.00$100.00
Total monthly$2,730.48$2,561.63
Cash to close$16,505$34,000