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$303,122$305,820
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$1,516$0
Note rate6.890%7.400%
Blended rate6.890%7.640%
1st payment$2,026.43$2,117.44
2nd payment$0.00$0.00
Taxes / mo$60.33$60.33
Insurance / mo$150.00$150.00
MI / mo$0.00$61.16
HOA / mo$0.00$0.00
Total monthly$2,236.76$2,388.93
Cash to close$36,678$33,980