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$455,849$403,200
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$2,279$0
Note rate6.720%7.400%
Blended rate6.720%7.640%
1st payment$2,985.09$2,791.68
2nd payment$0.00$0.00
Taxes / mo$173.58$173.58
Insurance / mo$150.00$150.00
MI / mo$0.00$80.64
HOA / mo$84.00$84.00
Total monthly$3,392.67$3,279.90
Cash to close$0$44,800