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$465,047$463,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$2,325$0
Note rate6.320%7.400%
Blended rate6.320%7.640%
1st payment$3,009.66$3,209.18
2nd payment$0.00$0.00
Taxes / mo$152.33$152.33
Insurance / mo$166.67$166.67
MI / mo$0.00$92.70
HOA / mo$51.50$51.50
Total monthly$3,380.16$3,672.38
Cash to close$49,953$51,500