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$270,605$270,000
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$1,353$0
Note rate3.000%7.400%
Blended rate3.000%7.640%
1st payment$1,271.90$1,869.43
2nd payment$0.00$0.00
Taxes / mo$115.42$115.42
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$0.00$0.00
Total monthly$1,537.32$2,188.84
Cash to close$29,395$30,000