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$558,921$409,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$2,795$0
Note rate7.180%7.400%
Blended rate7.180%7.640%
1st payment$3,906.23$2,835.30
2nd payment$0.00$0.00
Taxes / mo$154.42$154.42
Insurance / mo$166.67$166.67
MI / mo$0.00$81.90
HOA / mo$62.00$62.00
Total monthly$4,289.31$3,300.28
Cash to close$0$45,500