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$411,066$405,000
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$2,055$0
Note rate6.110%7.400%
Blended rate6.110%7.640%
1st payment$2,506.03$2,804.14
2nd payment$0.00$0.00
Taxes / mo$186.00$186.00
Insurance / mo$150.00$150.00
MI / mo$0.00$81.00
HOA / mo$163.00$163.00
Total monthly$3,005.03$3,384.14
Cash to close$38,934$45,000