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$448,798$448,798$468,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$45,202$0
Funding fee$2,244$2,244$0
Note rate7.440%7.440%7.400%
Blended rate7.440%7.846%7.640%
1st payment$3,204.55$3,204.55$3,240.34
2nd payment$0.00$447.31$0.00
Taxes / mo$169.42$169.42$169.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$86.67$86.67$86.67
Total monthly$3,627.30$4,074.61$3,756.69
Cash to close$71,202$26,000$52,000