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$364,011$333,000
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$1,820$0
Note rate3.070%7.400%
Blended rate3.070%7.640%
1st payment$1,728.01$2,305.62
2nd payment$0.00$0.00
Taxes / mo$198.33$198.33
Insurance / mo$150.00$150.00
MI / mo$0.00$66.60
HOA / mo$114.00$114.00
Total monthly$2,190.35$2,834.56
Cash to close$5,989$37,000