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
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$147,805$147,805$337,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$189,695$0
Funding fee$739$739$0
Note rate2.980%2.980%7.400%
Blended rate2.980%5.802%7.640%
1st payment$700.95$700.95$2,336.78
2nd payment$0.00$1,264.63$0.00
Taxes / mo$153.33$153.33$153.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$75.00$75.00$75.00
Total monthly$1,079.28$2,343.91$2,782.62
Cash to close$227,195$37,500$37,500