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
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$69,363$69,363$166,500
Remaining term (yrs)18.518.530.0
Secondary amount$0$97,137$0
Funding fee$347$347$0
Note rate3.770%3.770%7.400%
Blended rate3.770%6.821%7.640%
1st payment$431.75$431.75$1,152.81
2nd payment$0.00$728.53$0.00
Taxes / mo$44.25$44.25$44.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$626.00$1,354.53$1,380.36
Cash to close$115,637$18,500$18,500