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$265,167$252,000
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$1,326$0
Note rate6.220%7.400%
Blended rate6.220%7.640%
1st payment$1,633.79$1,744.80
2nd payment$0.00$0.00
Taxes / mo$71.83$71.83
Insurance / mo$150.00$150.00
MI / mo$0.00$50.40
HOA / mo$0.00$0.00
Total monthly$1,855.63$2,017.03
Cash to close$14,833$28,000