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$438,446$427,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$2,192$0
Note rate3.100%7.400%
Blended rate3.100%7.640%
1st payment$2,079.23$2,959.92
2nd payment$0.00$0.00
Taxes / mo$171.58$171.58
Insurance / mo$166.67$166.67
MI / mo$0.00$85.50
HOA / mo$176.67$176.67
Total monthly$2,594.15$3,560.34
Cash to close$36,554$47,500