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$356,287$353,250
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$1,781$0
Note rate7.220%7.400%
Blended rate7.220%7.640%
1st payment$2,480.13$2,445.83
2nd payment$0.00$0.00
Taxes / mo$146.17$146.17
Insurance / mo$150.00$150.00
MI / mo$0.00$70.65
HOA / mo$102.00$102.00
Total monthly$2,878.30$2,914.65
Cash to close$36,213$39,250