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$289,288$296,910
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$1,446$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$1,952.75$2,055.74
2nd payment$0.00$0.00
Taxes / mo$55.33$55.33
Insurance / mo$150.00$150.00
MI / mo$0.00$59.38
HOA / mo$0.00$0.00
Total monthly$2,158.08$2,320.46
Cash to close$40,612$32,990