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$190,974$190,974$359,099
Remaining term (yrs)24.924.930.0
Secondary amount$0$168,125$0
Funding fee$955$955$0
Note rate2.870%2.870%7.400%
Blended rate2.870%5.272%7.640%
1st payment$892.76$892.76$2,486.33
2nd payment$0.00$1,120.84$0.00
Taxes / mo$74.00$74.00$74.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$52.33$52.33$52.33
Total monthly$1,169.09$2,289.93$2,834.48
Cash to close$208,025$39,900$39,900