Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$492,956$427,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,465$0
Note rate6.940%7.400%
Blended rate6.940%7.640%
1st payment$3,347.19$2,959.92
2nd payment$0.00$0.00
Taxes / mo$57.42$57.42
Insurance / mo$166.67$166.67
MI / mo$0.00$85.50
HOA / mo$0.00$0.00
Total monthly$3,571.27$3,269.51
Cash to close$0$47,500