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$520,835$508,410
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,604$0
Note rate6.650%7.400%
Blended rate6.650%7.640%
1st payment$3,393.28$3,520.13
2nd payment$0.00$0.00
Taxes / mo$249.83$249.83
Insurance / mo$166.67$166.67
MI / mo$0.00$101.68
HOA / mo$118.00$118.00
Total monthly$3,927.78$4,156.31
Cash to close$44,065$56,490