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$457,261$457,261$539,910
Remaining term (yrs)27.027.030.0
Secondary amount$0$82,649$0
Funding fee$2,286$2,286$0
Note rate7.760%7.760%7.400%
Blended rate7.760%7.950%7.640%
1st payment$3,368.95$3,368.95$3,738.23
2nd payment$0.00$619.86$0.00
Taxes / mo$285.17$285.17$285.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$126.00$126.00$126.00
Total monthly$3,946.79$4,566.65$4,424.04
Cash to close$142,639$59,990$59,990