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$279,525$279,525$373,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$93,975$0
Funding fee$1,398$1,398$0
Note rate4.170%4.170%7.400%
Blended rate4.170%5.385%7.640%
1st payment$1,479.68$1,479.68$2,586.04
2nd payment$0.00$704.82$0.00
Taxes / mo$133.00$133.00$133.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$100.00$100.00$100.00
Total monthly$1,862.68$2,567.50$3,043.74
Cash to close$135,475$41,500$41,500