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$291,039$287,550
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$1,455$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$1,860.36$1,990.94
2nd payment$0.00$0.00
Taxes / mo$11.50$11.50
Insurance / mo$150.00$150.00
MI / mo$0.00$57.51
HOA / mo$60.00$60.00
Total monthly$2,081.86$2,269.95
Cash to close$28,461$31,950