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$297,851$270,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,489$0
Note rate6.620%7.400%
Blended rate6.620%7.640%
1st payment$1,964.68$1,869.43
2nd payment$0.00$0.00
Taxes / mo$121.50$121.50
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$104.00$104.00
Total monthly$2,340.18$2,298.93
Cash to close$2,149$30,000