Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$352,774$319,500
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$1,764$0
Note rate3.070%7.400%
Blended rate3.070%7.640%
1st payment$1,674.67$2,212.15
2nd payment$0.00$0.00
Taxes / mo$146.25$146.25
Insurance / mo$150.00$150.00
MI / mo$0.00$63.90
HOA / mo$84.00$84.00
Total monthly$2,054.92$2,656.30
Cash to close$2,226$35,500