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$244,457$211,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$1,222$0
Note rate5.520%7.400%
Blended rate5.520%7.640%
1st payment$1,479.52$1,464.38
2nd payment$0.00$0.00
Taxes / mo$63.67$63.67
Insurance / mo$150.00$150.00
MI / mo$0.00$42.30
HOA / mo$48.00$48.00
Total monthly$1,741.18$1,768.35
Cash to close$0$23,500