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$318,103$288,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$1,591$0
Note rate6.320%7.400%
Blended rate6.320%7.640%
1st payment$2,014.89$1,994.05
2nd payment$0.00$0.00
Taxes / mo$86.92$86.92
Insurance / mo$150.00$150.00
MI / mo$0.00$57.60
HOA / mo$370.00$370.00
Total monthly$2,621.81$2,658.57
Cash to close$1,897$32,000