Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$0$0$194,850
Remaining term (yrs)——30.0
Secondary amount$0$194,850$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.000%8.000%7.640%
1st payment$0.00$0.00$1,349.10
2nd payment$0.00$1,299.00$0.00
Taxes / mo$107.00$107.00$107.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.97
HOA / mo$0.00$0.00$0.00
Total monthly$257.00$1,556.00$1,645.07
Cash to close$216,500$21,650$21,650