Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$351,130$307,350
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,756$0
Note rate5.780%7.400%
Blended rate5.780%7.640%
1st payment$2,183.61$2,128.03
2nd payment$0.00$0.00
Taxes / mo$118.17$118.17
Insurance / mo$150.00$150.00
MI / mo$0.00$61.47
HOA / mo$0.00$0.00
Total monthly$2,451.77$2,457.67
Cash to close$0$34,150