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$283,528$278,996
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$1,418$0
Note rate5.220%7.400%
Blended rate5.220%7.640%
1st payment$1,660.00$1,931.71
2nd payment$0.00$0.00
Taxes / mo$39.75$39.75
Insurance / mo$150.00$150.00
MI / mo$0.00$55.80
HOA / mo$0.00$0.00
Total monthly$1,849.75$2,177.26
Cash to close$26,467$31,000