Sophia Sommer

(602) 512-9825
The Sommer Group
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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$303,556$286,200
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$1,518$0
Note rate6.940%7.400%
Blended rate6.940%7.640%
1st payment$2,096.43$1,981.59
2nd payment$0.00$0.00
Taxes / mo$140.67$140.67
Insurance / mo$150.00$150.00
MI / mo$0.00$57.24
HOA / mo$120.00$120.00
Total monthly$2,507.10$2,449.50
Cash to close$14,444$31,800