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$469,392$458,910
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$2,347$0
Note rate3.050%7.400%
Blended rate3.050%7.640%
1st payment$2,223.36$3,177.40
2nd payment$0.00$0.00
Taxes / mo$157.92$157.92
Insurance / mo$166.67$166.67
MI / mo$0.00$91.78
HOA / mo$66.00$66.00
Total monthly$2,613.94$3,659.77
Cash to close$40,508$50,990