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$560,245$441,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,801$0
Note rate6.890%7.400%
Blended rate6.890%7.640%
1st payment$3,766.97$3,053.39
2nd payment$0.00$0.00
Taxes / mo$184.58$184.58
Insurance / mo$166.67$166.67
MI / mo$0.00$88.20
HOA / mo$146.75$146.75
Total monthly$4,264.97$3,639.59
Cash to close$0$49,000