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$490,900$432,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$2,455$0
Note rate6.710%7.400%
Blended rate6.710%7.640%
1st payment$3,287.84$2,991.08
2nd payment$0.00$0.00
Taxes / mo$288.67$288.67
Insurance / mo$166.67$166.67
MI / mo$0.00$86.40
HOA / mo$95.00$95.00
Total monthly$3,838.18$3,627.81
Cash to close$0$48,000