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$283,009$270,000
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$1,415$0
Note rate2.960%7.400%
Blended rate2.960%7.640%
1st payment$1,342.24$1,869.43
2nd payment$0.00$0.00
Taxes / mo$183.83$183.83
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$170.00$170.00
Total monthly$1,846.07$2,427.26
Cash to close$16,991$30,000