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$267,913$243,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$1,340$0
Note rate6.850%7.400%
Blended rate6.850%7.640%
1st payment$1,782.31$1,682.48
2nd payment$0.00$0.00
Taxes / mo$86.08$86.08
Insurance / mo$150.00$150.00
MI / mo$0.00$48.60
HOA / mo$260.00$260.00
Total monthly$2,278.39$2,227.17
Cash to close$2,087$27,000