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$219,171$219,171$269,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$50,739$0
Funding fee$1,096$1,096$0
Note rate2.730%2.730%7.400%
Blended rate2.730%3.909%7.640%
1st payment$1,025.64$1,025.64$1,868.80
2nd payment$0.00$380.54$0.00
Taxes / mo$166.00$166.00$166.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$400.00$400.00$400.00
Total monthly$1,741.64$2,122.19$2,638.78
Cash to close$80,729$29,990$29,990