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$487,260$476,100
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,436$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$3,174.45$3,296.42
2nd payment$0.00$0.00
Taxes / mo$379.33$379.33
Insurance / mo$166.67$166.67
MI / mo$0.00$95.22
HOA / mo$19.50$19.50
Total monthly$3,739.95$3,957.14
Cash to close$41,740$52,900