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$323,682$315,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$1,618$0
Note rate6.420%7.400%
Blended rate6.420%7.640%
1st payment$2,120.30$2,181.00
2nd payment$0.00$0.00
Taxes / mo$239.67$239.67
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$23.33$23.33
Total monthly$2,533.30$2,656.99
Cash to close$26,318$35,000