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$297,969$297,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$1,490$0
Note rate6.470%7.400%
Blended rate6.470%7.640%
1st payment$1,920.12$2,056.37
2nd payment$0.00$0.00
Taxes / mo$56.50$56.50
Insurance / mo$150.00$150.00
MI / mo$0.00$59.40
HOA / mo$0.00$0.00
Total monthly$2,126.62$2,322.27
Cash to close$32,031$33,000