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$188,939$188,939$323,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$134,161$0
Funding fee$945$945$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.439%7.640%
1st payment$995.86$995.86$2,237.08
2nd payment$0.00$894.41$0.00
Taxes / mo$87.11$87.11$87.11
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,232.97$2,127.38$2,538.81
Cash to close$170,061$35,900$35,900