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$127,944$127,944$386,910
Remaining term (yrs)16.616.630.0
Secondary amount$0$258,966$0
Funding fee$640$640$0
Note rate3.450%3.450%7.400%
Blended rate3.450%6.328%7.640%
1st payment$838.97$838.97$2,678.89
2nd payment$0.00$1,672.49$0.00
Taxes / mo$134.83$134.83$134.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.38
HOA / mo$138.00$138.00$138.00
Total monthly$1,261.80$2,934.28$3,179.10
Cash to close$301,956$42,990$42,990