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$517,297$501,750
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$2,586$0
Note rate6.330%7.400%
Blended rate6.330%7.640%
1st payment$3,359.17$3,474.02
2nd payment$0.00$0.00
Taxes / mo$223.00$223.00
Insurance / mo$166.67$166.67
MI / mo$0.00$100.35
HOA / mo$65.00$65.00
Total monthly$3,813.84$4,029.03
Cash to close$40,203$55,750