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$334,505$334,505$413,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$79,405$0
Funding fee$1,673$1,673$0
Note rate3.550%3.550%7.400%
Blended rate3.550%4.596%7.640%
1st payment$1,666.46$1,666.46$2,865.83
2nd payment$0.00$595.54$0.00
Taxes / mo$110.58$110.58$110.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,943.71$2,539.25$3,225.86
Cash to close$125,395$45,990$45,990