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$316,001$314,910
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$1,580$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$2,153.49$2,180.37
2nd payment$0.00$0.00
Taxes / mo$155.75$155.75
Insurance / mo$150.00$150.00
MI / mo$0.00$62.98
HOA / mo$86.00$86.00
Total monthly$2,545.24$2,635.11
Cash to close$33,899$34,990