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$381,145$355,408
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$1,906$0
Note rate6.260%7.400%
Blended rate6.260%7.640%
1st payment$2,455.24$2,460.77
2nd payment$0.00$0.00
Taxes / mo$257.75$257.75
Insurance / mo$150.00$150.00
MI / mo$0.00$71.08
HOA / mo$146.00$146.00
Total monthly$3,008.99$3,085.61
Cash to close$13,753$39,490