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$291,903$292,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$1,460$0
Note rate7.070%7.400%
Blended rate7.070%7.640%
1st payment$2,019.02$2,025.21
2nd payment$0.00$0.00
Taxes / mo$143.67$143.67
Insurance / mo$150.00$150.00
MI / mo$0.00$58.50
HOA / mo$0.00$0.00
Total monthly$2,312.69$2,377.38
Cash to close$33,097$32,500