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$371,544$359,910
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,858$0
Note rate6.390%7.400%
Blended rate6.390%7.640%
1st payment$2,418.11$2,491.94
2nd payment$0.00$0.00
Taxes / mo$240.50$240.50
Insurance / mo$150.00$150.00
MI / mo$0.00$71.98
HOA / mo$56.00$56.00
Total monthly$2,864.61$3,010.43
Cash to close$28,356$39,990