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$236,686$236,686$539,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$302,414$0
Funding fee$1,183$1,183$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.937%7.640%
1st payment$1,247.52$1,247.52$3,732.62
2nd payment$0.00$1,953.09$0.00
Taxes / mo$152.00$152.00$152.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,566.19$3,519.28$4,159.11
Cash to close$362,314$59,900$59,900