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$276,464$247,410
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$1,382$0
Note rate7.570%7.400%
Blended rate7.570%7.640%
1st payment$1,999.85$1,713.02
2nd payment$0.00$0.00
Taxes / mo$102.83$102.83
Insurance / mo$150.00$150.00
MI / mo$0.00$49.48
HOA / mo$0.00$0.00
Total monthly$2,252.68$2,015.33
Cash to close$0$27,490