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$350,016$355,050
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,750$0
Note rate6.350%7.400%
Blended rate6.350%7.640%
1st payment$2,269.14$2,458.29
2nd payment$0.00$0.00
Taxes / mo$101.17$101.17
Insurance / mo$150.00$150.00
MI / mo$0.00$71.01
HOA / mo$250.00$250.00
Total monthly$2,770.30$3,030.47
Cash to close$44,484$39,450