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$104,332$104,332$252,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$147,668$0
Funding fee$522$522$0
Note rate2.740%2.740%7.400%
Blended rate2.740%5.822%7.640%
1st payment$487.60$487.60$1,744.80
2nd payment$0.00$984.45$0.00
Taxes / mo$122.33$122.33$122.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$53.00$53.00$53.00
Total monthly$812.94$1,797.39$2,120.53
Cash to close$175,668$28,000$28,000