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$298,408$297,000
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$1,492$0
Note rate3.090%7.400%
Blended rate3.090%7.640%
1st payment$1,419.71$2,056.37
2nd payment$0.00$0.00
Taxes / mo$164.25$164.25
Insurance / mo$150.00$150.00
MI / mo$0.00$59.40
HOA / mo$78.00$78.00
Total monthly$1,811.96$2,508.02
Cash to close$31,592$33,000