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$262,890$264,900
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$1,314$0
Note rate2.900%7.400%
Blended rate2.900%7.640%
1st payment$1,227.46$1,834.11
2nd payment$0.00$0.00
Taxes / mo$133.83$133.83
Insurance / mo$150.00$150.00
MI / mo$0.00$52.98
HOA / mo$0.00$0.00
Total monthly$1,511.30$2,170.93
Cash to close$31,443$29,433