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$386,074$386,074$539,999
Remaining term (yrs)24.024.030.0
Secondary amount$0$153,926$0
Funding fee$1,930$1,930$0
Note rate2.890%2.890%7.400%
Blended rate2.890%4.347%7.640%
1st payment$1,851.40$1,851.40$3,738.84
2nd payment$0.00$1,026.17$0.00
Taxes / mo$154.58$154.58$154.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$35.67$35.67$35.67
Total monthly$2,208.32$3,234.49$4,203.76
Cash to close$213,925$60,000$60,000