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$348,858$301,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,744$0
Note rate6.870%7.400%
Blended rate6.870%7.640%
1st payment$2,343.39$2,087.53
2nd payment$0.00$0.00
Taxes / mo$96.83$96.83
Insurance / mo$150.00$150.00
MI / mo$0.00$60.30
HOA / mo$28.67$28.67
Total monthly$2,618.89$2,423.33
Cash to close$0$33,500