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$212,031$212,031$242,999
Remaining term (yrs)29.029.030.0
Secondary amount$0$30,968$0
Funding fee$1,060$1,060$0
Note rate6.240%6.240%7.400%
Blended rate6.240%6.592%7.640%
1st payment$1,316.95$1,316.95$1,682.48
2nd payment$0.00$232.26$0.00
Taxes / mo$41.08$41.08$41.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,508.03$1,740.29$1,922.16
Cash to close$57,968$27,000$27,000