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$379,836$323,100
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$1,899$0
Note rate5.220%7.400%
Blended rate5.220%7.640%
1st payment$2,223.87$2,237.08
2nd payment$0.00$0.00
Taxes / mo$60.58$60.58
Insurance / mo$150.00$150.00
MI / mo$0.00$64.62
HOA / mo$0.00$0.00
Total monthly$2,434.45$2,512.28
Cash to close$0$35,900