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$327,733$327,733$877,500
Remaining term (yrs)20.020.030.0
Secondary amount$0$549,767$0
Funding fee$1,639$1,639$0
Note rate3.680%3.680%7.400%
Blended rate3.680%6.230%7.640%
1st payment$1,925.75$1,925.75$6,075.63
2nd payment$0.00$3,550.58$0.00
Taxes / mo$306.83$306.83$306.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$43.33$43.33$43.33
Total monthly$2,492.58$6,043.16$6,817.96
Cash to close$647,267$97,500$97,500