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$317,389$317,389$418,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$101,111$0
Funding fee$1,587$1,587$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.784%7.640%
1st payment$1,611.10$1,611.10$2,897.61
2nd payment$0.00$674.07$0.00
Taxes / mo$161.42$161.42$161.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$71.00$71.00$71.00
Total monthly$2,010.18$2,684.26$3,380.39
Cash to close$147,611$46,500$46,500