Sophia Sommer

(602) 512-9825
The Sommer Group
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

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$383,433$372,600
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$1,917$0
Note rate7.100%7.400%
Blended rate7.100%7.640%
1st payment$2,643.79$2,579.81
2nd payment$0.00$0.00
Taxes / mo$166.67$166.67
Insurance / mo$150.00$150.00
MI / mo$0.00$74.52
HOA / mo$109.00$109.00
Total monthly$3,069.46$3,079.99
Cash to close$30,567$41,400