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$216,429$216,429$291,600
Remaining term (yrs)27.627.630.0
Secondary amount$0$75,171$0
Funding fee$1,082$1,082$0
Note rate6.990%6.990%7.400%
Blended rate6.990%7.508%7.640%
1st payment$1,473.73$1,473.73$2,018.98
2nd payment$0.00$563.78$0.00
Taxes / mo$91.08$91.08$91.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.32
HOA / mo$0.00$0.00$0.00
Total monthly$1,714.82$2,278.60$2,318.38
Cash to close$107,571$32,400$32,400