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$441,861$441,861$675,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$233,139$0
Funding fee$2,209$2,209$0
Note rate3.160%3.160%7.400%
Blended rate3.160%4.745%7.640%
1st payment$2,195.90$2,195.90$4,673.56
2nd payment$0.00$1,505.69$0.00
Taxes / mo$247.11$247.11$247.11
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$250.00$250.00$250.00
Total monthly$2,909.67$4,415.36$5,522.34
Cash to close$308,139$75,000$75,000