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$236,231$236,231$539,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$303,679$0
Funding fee$1,181$1,181$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.589%7.640%
1st payment$1,125.88$1,125.88$3,738.23
2nd payment$0.00$1,961.26$0.00
Taxes / mo$151.08$151.08$151.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$12.75$12.75$12.75
Total monthly$1,456.38$3,417.64$4,176.71
Cash to close$363,669$59,990$59,990