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$268,185$268,185$427,500
Remaining term (yrs)23.523.530.0
Secondary amount$0$159,315$0
Funding fee$1,341$1,341$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.158%7.640%
1st payment$1,389.00$1,389.00$2,959.92
2nd payment$0.00$1,062.10$0.00
Taxes / mo$143.50$143.50$143.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$104.00$104.00$104.00
Total monthly$1,803.17$2,865.27$3,459.59
Cash to close$206,815$47,500$47,500