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$379,310$378,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$1,897$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,451.63$2,617.20
2nd payment$0.00$0.00
Taxes / mo$157.83$157.83
Insurance / mo$150.00$150.00
MI / mo$0.00$75.60
HOA / mo$59.17$59.17
Total monthly$2,818.63$3,059.80
Cash to close$40,690$42,000