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$923,091$832,500
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$4,615$0
Note rate6.420%7.400%
Blended rate6.420%7.640%
1st payment$5,918.71$5,764.06
2nd payment$0.00$0.00
Taxes / mo$277.42$277.42
Insurance / mo$216.67$216.67
MI / mo$0.00$166.50
HOA / mo$154.00$154.00
Total monthly$6,566.79$6,578.65
Cash to close$1,909$92,500