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$190,980$190,980$465,300
Remaining term (yrs)20.020.030.0
Secondary amount$0$274,320$0
Funding fee$955$955$0
Note rate3.440%3.440%7.400%
Blended rate3.440%5.981%7.640%
1st payment$1,098.55$1,098.55$3,221.64
2nd payment$0.00$1,771.65$0.00
Taxes / mo$162.50$162.50$162.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.06
HOA / mo$72.00$72.00$72.00
Total monthly$1,499.72$3,271.37$3,715.87
Cash to close$326,020$51,700$51,700