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$268,956$268,956$404,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$135,144$0
Funding fee$1,345$1,345$0
Note rate3.310%3.310%7.400%
Blended rate3.310%4.878%7.640%
1st payment$1,360.84$1,360.84$2,797.91
2nd payment$0.00$900.96$0.00
Taxes / mo$149.25$149.25$149.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$98.00$98.00$98.00
Total monthly$1,758.09$2,659.05$3,275.98
Cash to close$180,044$44,900$44,900