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$531,266$499,500
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$2,656$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,392.63$3,458.44
2nd payment$0.00$0.00
Taxes / mo$163.83$163.83
Insurance / mo$166.67$166.67
MI / mo$0.00$99.90
HOA / mo$34.67$34.67
Total monthly$3,757.80$3,923.51
Cash to close$23,734$55,500