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$279,028$283,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$1,395$0
Note rate6.320%7.400%
Blended rate6.320%7.640%
1st payment$1,805.79$1,962.90
2nd payment$0.00$0.00
Taxes / mo$64.50$64.50
Insurance / mo$150.00$150.00
MI / mo$0.00$56.70
HOA / mo$0.00$0.00
Total monthly$2,020.29$2,234.10
Cash to close$35,972$31,500