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$239,331$234,000
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$1,197$0
Note rate2.960%7.400%
Blended rate2.960%7.640%
1st payment$1,132.51$1,620.17
2nd payment$0.00$0.00
Taxes / mo$244.47$244.47
Insurance / mo$150.00$150.00
MI / mo$0.00$46.80
HOA / mo$25.00$25.00
Total monthly$1,551.99$2,086.44
Cash to close$20,669$26,000