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$345,398$333,000
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$1,727$0
Note rate6.190%7.400%
Blended rate6.190%7.640%
1st payment$2,132.02$2,305.62
2nd payment$0.00$0.00
Taxes / mo$209.00$209.00
Insurance / mo$150.00$150.00
MI / mo$0.00$66.60
HOA / mo$133.00$133.00
Total monthly$2,624.02$2,864.22
Cash to close$24,602$37,000