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$107,891$107,891$215,100
Remaining term (yrs)9.79.730.0
Secondary amount$0$107,209$0
Funding fee$539$539$0
Note rate6.250%6.250%7.400%
Blended rate6.250%7.122%7.640%
1st payment$1,226.20$1,226.20$1,489.31
2nd payment$0.00$714.73$0.00
Taxes / mo$121.92$121.92$121.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,498.12$2,212.85$1,804.25
Cash to close$131,109$23,900$23,900