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$247,398$222,750
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$1,237$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$1,573.85$1,542.28
2nd payment$0.00$0.00
Taxes / mo$4.17$4.17
Insurance / mo$150.00$150.00
MI / mo$0.00$44.55
HOA / mo$0.00$0.00
Total monthly$1,728.02$1,740.99
Cash to close$102$24,750