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$366,300$359,910
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,832$0
Note rate6.940%7.400%
Blended rate6.940%7.640%
1st payment$2,479.79$2,491.94
2nd payment$0.00$0.00
Taxes / mo$89.33$89.33
Insurance / mo$150.00$150.00
MI / mo$0.00$71.98
HOA / mo$65.00$65.00
Total monthly$2,784.13$2,868.26
Cash to close$33,600$39,990