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$300,499$300,499$330,750
Remaining term (yrs)25.025.030.0
Secondary amount$0$30,251$0
Funding fee$1,502$1,502$0
Note rate2.840%2.840%7.400%
Blended rate2.840%3.403%7.640%
1st payment$1,393.75$1,393.75$2,290.05
2nd payment$0.00$226.88$0.00
Taxes / mo$82.58$82.58$82.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.15
HOA / mo$46.67$46.67$46.67
Total monthly$1,673.00$1,899.89$2,635.45
Cash to close$67,001$36,750$36,750