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$326,278$297,000
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$1,631$0
Note rate6.380%7.400%
Blended rate6.380%7.640%
1st payment$2,044.25$2,056.37
2nd payment$0.00$0.00
Taxes / mo$155.42$155.42
Insurance / mo$150.00$150.00
MI / mo$0.00$59.40
HOA / mo$85.00$85.00
Total monthly$2,434.66$2,506.18
Cash to close$3,722$33,000