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$99,233$99,233$152,910
Remaining term (yrs)22.622.630.0
Secondary amount$0$53,677$0
Funding fee$496$496$0
Note rate4.140%4.140%7.400%
Blended rate4.140%5.846%7.640%
1st payment$561.73$561.73$1,058.72
2nd payment$0.00$402.58$0.00
Taxes / mo$49.83$49.83$49.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$30.58
HOA / mo$0.00$0.00$0.00
Total monthly$761.56$1,164.14$1,289.13
Cash to close$70,667$16,990$16,990