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$319,269$319,269$449,999
Remaining term (yrs)24.724.730.0
Secondary amount$0$130,730$0
Funding fee$1,596$1,596$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.424%7.640%
1st payment$1,514.21$1,514.21$3,115.70
2nd payment$0.00$871.53$0.00
Taxes / mo$161.83$161.83$161.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,842.71$2,714.25$3,534.20
Cash to close$180,730$50,000$50,000