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$447,061$427,500
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,235$0
Note rate6.490%7.400%
Blended rate6.490%7.640%
1st payment$2,886.64$2,959.92
2nd payment$0.00$0.00
Taxes / mo$153.08$153.08
Insurance / mo$166.67$166.67
MI / mo$0.00$85.50
HOA / mo$119.00$119.00
Total monthly$3,325.39$3,484.17
Cash to close$27,939$47,500