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$514,129$494,991
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$2,571$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,264.56$3,427.22
2nd payment$0.00$0.00
Taxes / mo$66.67$66.67
Insurance / mo$166.67$166.67
MI / mo$0.00$99.00
HOA / mo$84.00$84.00
Total monthly$3,581.90$3,843.55
Cash to close$35,861$54,999