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$529,311$517,500
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$2,655$0
Note rate5.625%7.400%
Blended rate5.625%7.640%
1st payment$3,220.45$3,583.07
2nd payment$0.00$0.00
Taxes / mo$110.00$110.00
Insurance / mo$166.67$166.67
MI / mo$0.00$103.50
HOA / mo$339.00$339.00
Total monthly$3,836.12$4,302.23
Cash to close$45,689$57,500