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$343,201$337,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$1,716$0
Note rate6.150%7.400%
Blended rate6.150%7.640%
1st payment$2,187.13$2,336.78
2nd payment$0.00$0.00
Taxes / mo$79.17$79.17
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$22.58$22.58
Total monthly$2,438.88$2,656.03
Cash to close$31,799$37,500