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$394,496$387,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,972$0
Note rate5.810%7.400%
Blended rate5.810%7.640%
1st payment$2,463.96$2,679.51
2nd payment$0.00$0.00
Taxes / mo$138.08$138.08
Insurance / mo$150.00$150.00
MI / mo$0.00$77.40
HOA / mo$0.00$0.00
Total monthly$2,752.04$3,044.99
Cash to close$35,504$43,000