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$127,666$127,666$324,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$196,334$0
Funding fee$638$638$0
Note rate3.450%3.450%7.400%
Blended rate3.450%6.207%7.640%
1st payment$627.86$627.86$2,243.31
2nd payment$0.00$1,308.89$0.00
Taxes / mo$208.25$208.25$208.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$70.00$70.00$70.00
Total monthly$1,056.11$2,365.00$2,736.36
Cash to close$232,334$36,000$36,000