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$549,118$549,118$945,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$395,882$0
Funding fee$2,746$2,746$0
Note rate2.890%2.890%7.400%
Blended rate2.890%4.926%7.640%
1st payment$2,627.02$2,627.02$6,542.99
2nd payment$0.00$2,556.74$0.00
Taxes / mo$467.50$467.50$467.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$219.00$219.00$219.00
Total monthly$3,530.19$6,086.93$7,635.16
Cash to close$500,882$105,000$105,000