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$358,610$359,991
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$1,793$0
Note rate2.780%7.400%
Blended rate2.780%7.640%
1st payment$1,659.82$2,492.50
2nd payment$0.00$0.00
Taxes / mo$130.17$130.17
Insurance / mo$150.00$150.00
MI / mo$0.00$72.00
HOA / mo$97.00$97.00
Total monthly$2,036.99$2,941.67
Cash to close$41,380$39,999