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$668,965$668,965$688,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$57,785$0
Funding fee$3,345$3,345$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.595%7.640%
1st payment$3,109.55$3,109.55$4,767.03
2nd payment$0.00$571.83$0.00
Taxes / mo$342.75$342.75$342.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,668.96$4,240.79$5,464.15
Cash to close$96,035$38,250$76,500