Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$107,665$107,665$195,300
Remaining term (yrs)23.523.530.0
Secondary amount$0$87,635$0
Funding fee$538$538$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.951%7.640%
1st payment$557.63$557.63$1,352.22
2nd payment$0.00$657.26$0.00
Taxes / mo$36.58$36.58$36.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.06
HOA / mo$65.00$65.00$65.00
Total monthly$809.21$1,466.47$1,642.86
Cash to close$109,335$21,700$21,700