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$439,593$439,593$459,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$44,907$0
Funding fee$2,198$2,198$0
Note rate6.730%6.730%7.400%
Blended rate6.730%7.207%7.640%
1st payment$2,912.71$2,912.71$3,178.02
2nd payment$0.00$444.40$0.00
Taxes / mo$282.67$282.67$282.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$95.00$95.00$95.00
Total monthly$3,457.04$3,901.44$3,814.16
Cash to close$70,407$25,500$51,000