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$135,610$135,610$404,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$268,490$0
Funding fee$678$678$0
Note rate2.910%2.910%7.400%
Blended rate2.910%6.126%7.640%
1st payment$656.41$656.41$2,797.91
2nd payment$0.00$1,734.00$0.00
Taxes / mo$37.01$37.01$37.01
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$843.41$2,577.41$3,065.73
Cash to close$313,390$44,900$44,900