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$402,111$376,200
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$2,011$0
Note rate6.720%7.400%
Blended rate6.720%7.640%
1st payment$2,651.08$2,604.73
2nd payment$0.00$0.00
Taxes / mo$141.42$141.42
Insurance / mo$150.00$150.00
MI / mo$0.00$75.24
HOA / mo$87.33$87.33
Total monthly$3,029.83$3,058.72
Cash to close$15,889$41,800