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$200,607$202,500
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$1,003$0
Note rate6.360%7.400%
Blended rate6.360%7.640%
1st payment$1,308.07$1,402.07
2nd payment$0.00$0.00
Taxes / mo$90.50$90.50
Insurance / mo$150.00$150.00
MI / mo$0.00$40.50
HOA / mo$45.00$45.00
Total monthly$1,593.57$1,728.07
Cash to close$24,393$22,500