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$126,540$126,540$292,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$165,960$0
Funding fee$633$633$0
Note rate3.080%3.080%7.400%
Blended rate3.080%5.872%7.640%
1st payment$609.41$609.41$2,025.21
2nd payment$0.00$1,106.40$0.00
Taxes / mo$92.42$92.42$92.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$851.83$1,958.23$2,326.13
Cash to close$198,460$32,500$32,500