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$180,111$180,111$256,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$76,389$0
Funding fee$901$901$0
Note rate3.080%3.080%7.400%
Blended rate3.080%4.843%7.640%
1st payment$869.36$869.36$1,775.95
2nd payment$0.00$572.92$0.00
Taxes / mo$83.92$83.92$83.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,103.28$1,676.19$2,061.17
Cash to close$104,889$28,500$28,500