Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$867,494$810,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$4,337$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$5,545.13$5,608.28
2nd payment$0.00$0.00
Taxes / mo$156.08$156.08
Insurance / mo$216.67$216.67
MI / mo$0.00$162.00
HOA / mo$76.67$76.67
Total monthly$5,994.55$6,219.70
Cash to close$32,506$90,000