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$170,040$170,040$340,200
Remaining term (yrs)23.023.030.0
Secondary amount$0$170,160$0
Funding fee$850$850$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.811%7.640%
1st payment$906.53$906.53$2,355.48
2nd payment$0.00$1,134.40$0.00
Taxes / mo$98.00$98.00$98.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.04
HOA / mo$0.00$0.00$0.00
Total monthly$1,154.53$2,288.92$2,671.52
Cash to close$207,960$37,800$37,800