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$440,090$440,090$467,550
Remaining term (yrs)25.425.430.0
Secondary amount$0$27,460$0
Funding fee$2,200$2,200$0
Note rate3.450%3.450%7.400%
Blended rate3.450%3.776%7.640%
1st payment$2,164.35$2,164.35$3,237.22
2nd payment$0.00$205.95$0.00
Taxes / mo$215.50$215.50$215.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.51
HOA / mo$80.00$80.00$80.00
Total monthly$2,626.52$2,832.47$3,792.90
Cash to close$79,410$51,950$51,950