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$189,854$189,854$221,400
Remaining term (yrs)28.128.130.0
Secondary amount$0$31,546$0
Funding fee$949$949$0
Note rate6.690%6.690%7.400%
Blended rate6.690%7.019%7.640%
1st payment$1,247.97$1,247.97$1,532.93
2nd payment$0.00$236.60$0.00
Taxes / mo$44.00$44.00$44.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,441.97$1,678.57$1,771.21
Cash to close$56,146$24,600$24,600