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$135,467$135,467$171,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$35,533$0
Funding fee$677$677$0
Note rate5.410%5.410%7.400%
Blended rate5.410%6.156%7.640%
1st payment$809.72$809.72$1,183.97
2nd payment$0.00$266.50$0.00
Taxes / mo$45.58$45.58$45.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$34.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,005.30$1,271.80$1,413.75
Cash to close$54,533$19,000$19,000