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$256,075$256,075$359,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$103,025$0
Funding fee$1,280$1,280$0
Note rate2.740%2.740%7.400%
Blended rate2.740%4.249%7.640%
1st payment$1,193.93$1,193.93$2,486.34
2nd payment$0.00$686.84$0.00
Taxes / mo$193.00$193.00$193.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$90.00$90.00$90.00
Total monthly$1,626.93$2,313.77$2,991.16
Cash to close$142,925$39,900$39,900