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$403,072$382,050
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,015$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$2,686.57$2,645.24
2nd payment$0.00$0.00
Taxes / mo$126.83$126.83
Insurance / mo$150.00$150.00
MI / mo$0.00$76.41
HOA / mo$96.00$96.00
Total monthly$3,059.40$3,094.48
Cash to close$21,428$42,450