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$597,157$576,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$2,986$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$4,038.02$3,988.11
2nd payment$0.00$0.00
Taxes / mo$278.42$278.42
Insurance / mo$166.67$166.67
MI / mo$0.00$115.20
HOA / mo$89.00$89.00
Total monthly$4,572.10$4,637.39
Cash to close$42,843$64,000