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$503,039$499,500
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$2,515$0
Note rate5.750%7.400%
Blended rate5.750%7.640%
1st payment$3,045.28$3,458.44
2nd payment$0.00$0.00
Taxes / mo$158.50$158.50
Insurance / mo$0.00$0.00
MI / mo$0.00$99.90
HOA / mo$99.00$99.00
Total monthly$3,302.78$3,815.84
Cash to close$51,961$55,500