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$512,682$391,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$2,563$0
Note rate3.450%7.400%
Blended rate3.450%7.640%
1st payment$2,521.36$2,710.67
2nd payment$0.00$0.00
Taxes / mo$287.33$287.33
Insurance / mo$150.00$150.00
MI / mo$0.00$78.30
HOA / mo$85.00$85.00
Total monthly$3,043.69$3,311.30
Cash to close$0$43,500