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$176,723$176,723$404,550
Remaining term (yrs)9.99.930.0
Secondary amount$0$227,827$0
Funding fee$884$884$0
Note rate2.120%2.120%7.400%
Blended rate2.120%5.291%7.640%
1st payment$1,635.60$1,635.60$2,801.02
2nd payment$0.00$1,471.38$0.00
Taxes / mo$117.92$117.92$117.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.91
HOA / mo$97.00$97.00$97.00
Total monthly$2,000.52$3,471.90$3,246.85
Cash to close$272,777$44,950$44,950