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$179,515$179,515$445,500
Remaining term (yrs)23.523.530.0
Secondary amount$0$265,985$0
Funding fee$898$898$0
Note rate3.330%3.330%7.400%
Blended rate3.330%5.969%7.640%
1st payment$914.39$914.39$3,084.55
2nd payment$0.00$1,717.82$0.00
Taxes / mo$267.25$267.25$267.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,348.30$3,066.12$3,607.57
Cash to close$315,485$49,500$49,500