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$131,834$131,834$234,000
Remaining term (yrs)14.114.130.0
Secondary amount$0$102,166$0
Funding fee$659$659$0
Note rate4.350%4.350%7.400%
Blended rate4.350%5.944%7.640%
1st payment$1,035.79$1,035.79$1,620.17
2nd payment$0.00$681.11$0.00
Taxes / mo$122.58$122.58$122.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,308.37$1,989.48$1,939.55
Cash to close$128,166$26,000$26,000