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$323,383$323,383$877,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$554,117$0
Funding fee$1,617$1,617$0
Note rate2.870%2.870%7.400%
Blended rate2.870%5.952%7.640%
1st payment$1,511.74$1,511.74$6,075.63
2nd payment$0.00$3,578.68$0.00
Taxes / mo$188.67$188.67$188.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,917.07$5,495.75$6,656.47
Cash to close$651,617$97,500$97,500