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$601,548$539,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$3,008$0
Note rate6.940%7.400%
Blended rate6.940%7.640%
1st payment$4,072.38$3,732.62
2nd payment$0.00$0.00
Taxes / mo$273.50$273.50
Insurance / mo$166.67$166.67
MI / mo$0.00$107.82
HOA / mo$256.00$256.00
Total monthly$4,768.55$4,536.61
Cash to close$0$59,900