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$433,106$433,106$899,100
Remaining term (yrs)19.119.130.0
Secondary amount$0$465,994$0
Funding fee$2,166$2,166$0
Note rate2.660%2.660%7.400%
Blended rate2.660%5.298%7.640%
1st payment$2,397.76$2,397.76$6,225.19
2nd payment$0.00$3,009.54$0.00
Taxes / mo$235.50$235.50$235.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,849.93$5,859.48$6,857.17
Cash to close$565,894$99,900$99,900