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$397,350$382,410
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$1,987$0
Note rate6.710%7.400%
Blended rate6.710%7.640%
1st payment$2,661.28$2,647.73
2nd payment$0.00$0.00
Taxes / mo$210.58$210.58
Insurance / mo$150.00$150.00
MI / mo$0.00$76.48
HOA / mo$150.00$150.00
Total monthly$3,171.86$3,234.79
Cash to close$27,550$42,490