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$731,895$731,895$1,125,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$393,105$0
Funding fee$3,659$3,659$0
Note rate3.210%3.210%7.400%
Blended rate3.210%4.796%7.640%
1st payment$3,505.83$3,505.83$7,789.27
2nd payment$0.00$2,538.80$0.00
Taxes / mo$335.75$335.75$335.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$96.67$96.67$96.67
Total monthly$4,154.92$6,693.72$8,663.36
Cash to close$518,105$125,000$125,000