Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$414,411$389,250
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$2,072$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$2,740.82$2,695.09
2nd payment$0.00$0.00
Taxes / mo$9.83$9.83
Insurance / mo$150.00$150.00
MI / mo$0.00$77.85
HOA / mo$114.00$114.00
Total monthly$3,014.65$3,046.77
Cash to close$18,089$43,250