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$351,966$351,966$359,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$27,939$0
Funding fee$1,760$1,760$0
Note rate3.080%3.080%7.400%
Blended rate3.080%3.727%7.640%
1st payment$1,698.87$1,698.87$2,491.94
2nd payment$0.00$276.48$0.00
Taxes / mo$77.75$77.75$77.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,926.62$2,203.10$2,791.68
Cash to close$47,934$19,995$39,990