Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$78,619$78,619$296,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$218,291$0
Funding fee$393$393$0
Note rate2.870%2.870%7.400%
Blended rate2.870%6.458%7.640%
1st payment$367.53$367.53$2,055.74
2nd payment$0.00$1,409.79$0.00
Taxes / mo$62.42$62.42$62.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$579.94$1,989.74$2,327.54
Cash to close$251,281$32,990$32,990