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$371,129$315,000
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$1,856$0
Note rate0.000%7.400%
Blended rate0.000%7.640%
1st payment$1,030.91$2,181.00
2nd payment$0.00$0.00
Taxes / mo$101.58$101.58
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$110.00$110.00
Total monthly$1,392.50$2,605.58
Cash to close$0$35,000