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$357,914$332,100
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,790$0
Note rate4.250%7.400%
Blended rate4.250%7.640%
1st payment$1,903.93$2,299.39
2nd payment$0.00$0.00
Taxes / mo$161.00$161.00
Insurance / mo$150.00$150.00
MI / mo$0.00$66.42
HOA / mo$92.00$92.00
Total monthly$2,306.93$2,768.81
Cash to close$11,086$36,900