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$238,533$238,533$269,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$31,377$0
Funding fee$1,193$1,193$0
Note rate2.980%2.980%7.400%
Blended rate2.980%3.680%7.640%
1st payment$1,131.22$1,131.22$1,868.80
2nd payment$0.00$235.33$0.00
Taxes / mo$74.50$74.50$74.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,355.72$1,591.04$2,147.28
Cash to close$61,367$29,990$29,990