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$337,863$328,500
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$1,689$0
Note rate6.850%7.400%
Blended rate6.850%7.640%
1st payment$2,260.64$2,274.47
2nd payment$0.00$0.00
Taxes / mo$125.42$125.42
Insurance / mo$150.00$150.00
MI / mo$0.00$65.70
HOA / mo$0.00$0.00
Total monthly$2,536.06$2,615.58
Cash to close$27,137$36,500