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$175,201$175,201$350,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$174,899$0
Funding fee$876$876$0
Note rate3.020%3.020%7.400%
Blended rate3.020%5.508%7.640%
1st payment$855.93$855.93$2,424.02
2nd payment$0.00$1,165.99$0.00
Taxes / mo$167.00$167.00$167.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,172.93$2,338.92$2,811.04
Cash to close$213,799$38,900$38,900