Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$598,935$495,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$2,995$0
Note rate5.230%7.400%
Blended rate5.230%7.640%
1st payment$3,526.18$3,427.28
2nd payment$0.00$0.00
Taxes / mo$211.67$211.67
Insurance / mo$166.67$166.67
MI / mo$0.00$99.00
HOA / mo$0.00$0.00
Total monthly$3,904.51$3,904.61
Cash to close$0$55,000