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$256,538$175,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$1,283$0
Note rate3.100%7.400%
Blended rate3.100%7.640%
1st payment$1,216.57$1,215.13
2nd payment$0.00$0.00
Taxes / mo$41.42$41.42
Insurance / mo$150.00$150.00
MI / mo$0.00$35.10
HOA / mo$0.00$0.00
Total monthly$1,407.99$1,441.64
Cash to close$0$19,500