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$447,220$369,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$2,236$0
Note rate3.550%7.400%
Blended rate3.550%7.640%
1st payment$2,223.51$2,554.88
2nd payment$0.00$0.00
Taxes / mo$116.67$116.67
Insurance / mo$0.00$0.00
MI / mo$0.00$73.80
HOA / mo$0.00$0.00
Total monthly$2,340.17$2,745.35
Cash to close$0$41,000