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$617,242$594,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$3,086$0
Note rate6.710%7.400%
Blended rate6.710%7.640%
1st payment$4,134.03$4,112.74
2nd payment$0.00$0.00
Taxes / mo$203.08$203.08
Insurance / mo$166.67$166.67
MI / mo$0.00$118.80
HOA / mo$84.00$84.00
Total monthly$4,587.78$4,685.29
Cash to close$42,758$66,000