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$501,118$472,050
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$2,506$0
Note rate6.280%7.400%
Blended rate6.280%7.640%
1st payment$3,230.46$3,268.38
2nd payment$0.00$0.00
Taxes / mo$167.67$167.67
Insurance / mo$166.67$166.67
MI / mo$0.00$94.41
HOA / mo$129.00$129.00
Total monthly$3,693.80$3,826.12
Cash to close$23,382$52,450