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$92,330$92,330$225,000
Remaining term (yrs)23.023.030.0
Secondary amount$0$132,670$0
Funding fee$462$462$0
Note rate3.620%3.620%7.400%
Blended rate3.620%6.203%7.640%
1st payment$492.23$492.23$1,557.85
2nd payment$0.00$884.47$0.00
Taxes / mo$180.42$180.42$180.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$146.75$146.75$146.75
Total monthly$969.40$1,853.87$2,080.02
Cash to close$157,670$25,000$25,000