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$163,183$163,183$359,100
Remaining term (yrs)19.619.630.0
Secondary amount$0$195,917$0
Funding fee$816$816$0
Note rate3.690%3.690%7.400%
Blended rate3.690%6.041%7.640%
1st payment$970.65$970.65$2,486.34
2nd payment$0.00$1,306.11$0.00
Taxes / mo$163.25$163.25$163.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$72.00$72.00$72.00
Total monthly$1,355.90$2,662.01$2,943.41
Cash to close$235,817$39,900$39,900