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$441,867$441,867$787,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$345,633$0
Funding fee$2,209$2,209$0
Note rate2.940%2.940%7.400%
Blended rate2.940%5.051%7.640%
1st payment$2,135.39$2,135.39$5,452.49
2nd payment$0.00$2,232.21$0.00
Taxes / mo$381.58$381.58$381.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$290.00$290.00$290.00
Total monthly$3,023.64$5,255.85$6,498.24
Cash to close$433,133$87,500$87,500