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$410,000$385,200
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$2,050$0
Note rate0.000%7.400%
Blended rate0.000%7.640%
1st payment$1,138.89$2,667.05
2nd payment$0.00$0.00
Taxes / mo$168.75$168.75
Insurance / mo$150.00$150.00
MI / mo$0.00$77.04
HOA / mo$105.00$105.00
Total monthly$1,562.64$3,167.84
Cash to close$18,000$42,800