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$448,558$448,558$895,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$446,942$0
Funding fee$2,243$2,243$0
Note rate2.980%2.980%7.400%
Blended rate2.980%5.361%7.640%
1st payment$2,127.23$2,127.23$6,200.26
2nd payment$0.00$2,886.50$0.00
Taxes / mo$290.00$290.00$290.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.10
HOA / mo$124.00$124.00$124.00
Total monthly$2,757.90$5,644.40$7,010.03
Cash to close$546,442$99,500$99,500