Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$545,578$540,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,728$0
Note rate6.350%7.400%
Blended rate6.350%7.640%
1st payment$3,473.63$3,738.85
2nd payment$0.00$0.00
Taxes / mo$164.42$164.42
Insurance / mo$166.67$166.67
MI / mo$0.00$108.00
HOA / mo$94.00$94.00
Total monthly$3,898.71$4,271.93
Cash to close$54,422$60,000