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$336,324$313,200
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$1,682$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,173.80$2,168.53
2nd payment$0.00$0.00
Taxes / mo$108.83$108.83
Insurance / mo$150.00$150.00
MI / mo$0.00$62.64
HOA / mo$86.00$86.00
Total monthly$2,518.63$2,576.01
Cash to close$11,676$34,800