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$604,782$495,000
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$3,024$0
Note rate6.090%7.400%
Blended rate6.090%7.640%
1st payment$3,682.94$3,427.28
2nd payment$0.00$0.00
Taxes / mo$242.58$242.58
Insurance / mo$166.67$166.67
MI / mo$0.00$99.00
HOA / mo$38.00$38.00
Total monthly$4,130.19$3,973.53
Cash to close$0$55,000